Economic Analysis – Week of March 11, 2015

The jobs report was better than anticipated, increasing the possibility that the Fed will raise rates in June. Manufacturing and construction slowed, but the BLS has stated that this was largely the result of the strike on the West Coast. Employment has grown in lower-wage sectors faster than in high-rage sectors. Job openings have increased slightly while the quit rate, a good indicator for people’s perception of the economy, has been somewhat favorable.

More analysis of this week’s news by Econoday’s Senior Economist Mark Rogers:

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