If you’re looking for a job, your prospects are good — for now. Plus, what’s the difference between GDP and GNP?
The 7.7 million jobs available still outstrips the number of people seeking work, but the cooling trend may make job hunting harder next year.
The services sector has expanded in 47 of the last 50 months, according to the Institute for Supply Management. Several business owners in the sector report renewed strength this year.
Restaurants across the U.S. have the same problems, says Alexis Percival. “There’s been a bit of a reckoning” about how hard the work is.
Leaders in Washington have been busy replenishing U.S. stockpiles for war. But they may be more likely to be used in battling climate change.
Each measure looks at economic productivity. One focuses on who does it, and the other on where it happens.