The Labor Market in the U.S. is Strong, but How Does it Compare Internationally?

Labor Market – Friday’s employment report came in at +271K, more than 100K above the 160K the market expected. The +271K jump broke a 4-month deceleration in the U.S. jobs picture. Labor Market – Full-time/Part-time Picture The M/M jobs picture is often discussed by the top-line figure.  This month it’s worth thinking about the full-time/part-time detail. Amazingly, full-time employment growth came in at an incredible +540K.  The prior month saw full-time job growth of +584K.  Both figures are indicative of the American economy peaking, but that’s a discussion for another day. Over the same two months, part time employment has…