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Labor data continues to underscore a weak labor market.
And the weak labor market has shown little improvement.
We all know how weak labor soon became.
"The weak labor market of the last seven years has put enormous downward pressure on wages.
It is particularly bad, the argument goes, to raise it in a weak labor market.
"Then on top of that is an extremely weak labor market".
Analysts said that many Americans were worried about the weak labor market.
"These numbers are still consistent with a pretty weak labor market," Mr. O'Sullivan said.
American unemployment, and an overall weak labor market, hurts those in the middle and bottom in four ways.
The recovery will be restrained by continued balance-sheet adjustments, low capacity utilization and weak labor markets.
A stronger recovery will be held back by continued balance sheet adjustments, low capacity utilization and weak labor markets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com