Rosenberg: Good News Behind Jobs Numbers

The often-bearish economist David Rosenberg is actually seeing some bright spots for the U.S. economy. Rosenberg tells Yahoo!Finance’s Daily Ticker that labor demand is rising, and firings are at an all-time low. Hiring has been weak, he says, because of a lack of skilled workers to take the job openings. Average work weeks and weekly earnings are increasing, he says, good news for those who have jobs. He thinks it could be the start of an important change in which a bigger portion of national income shifts from the corporate sector to the labor sector.


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