U.S. job growth seen tapering off slightly
Fewer layoffs in winter may have led to less hiring in early spring
WASHINGTON (MarketWatch) — Picture this: Job creation is on the upswing, consumers are spending freely and executives are more confident about their business. Things are looking up.
Sounds like the state of the U.S. economy right now, and it is. Yet that’s also how the economy appeared in the first quarter of last year before summer doldrums set in.
Is history about to repeat itself? Most economists don’t think so, but doubts linger. Gas prices have surged again. Spending is outpacing wage gains at an unsustainable rate. Key export markets for U.S. goods are slowing. And a warm winter may have exaggerated first-quarter growth.
http://www.marketwatch.com/story/us-job-growt...2012-04-01