How Much Longer Can the U.S. Labor Market Keep it Up? Hint: It's a While.

With the weak U.S. Retail Sales as the background, attention has focused again on the pillar of hope in the current U.S. economic picture – Employment. Last week we saw U.S. employment come in with a knockout +295K. The strength of the figure led some to question whether U.S. employment growth is peaking.  Friday’s Retail Sales figures provided no relief to such a view. How much longer the U.S. labor market keep it up? U.S. Labor Market: A Look at the Month-over-Month Pictures First, some background. Here’s a look at the month-over-month U.S. employment figures over the past few years….