Check out this new article, the guy says hes concerned that the unemployment rate will continue to fall faster than what the federal reserve is projecting. Basically he is projecting a labor shortage in the because it’s not healthy for unemployment to be falling so rapidly when the economy is expanding at such a modest pace.
Well, then he has nothing to worry about. The unemployment numbers for May were awful. The lowest amount of jobs created in over a year (a paltry 69,000 nationwide). The total number of unemployed has crept back up to 8.2%.
