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The May jobs report was a big deal, not because it was particularly surprising, but because it provided a positive boost to the recovery narrative. As workers continue to move back onto their employer’s books and consumer spending likely increases over the summer, there are two other trends to watch that may help determine the strength of the recovery.
By JPMorgan Chase Commercial BankingThe May jobs report was a big deal, not because it was particularly surprising, but because it provided a positive boost to the recovery narrative. As workers continue to move back onto their employer’s books and consumer spending likely increases over the summer, there are two other trends to watch that may help determine the strength of the recovery.