SCHOOL OF BUSINESS RELEASES JOB GROWTH UPDATE
February 04, 2008
February 04, 2008
TEMPE, Ariz., Feb. 4 -- Arizona State University issued the following press release:
The National Consensus Forecast of Labor Employment, Compensation and Productivity is not forecasting a job contraction nationwide in 2008, and the projection for productivity remains relatively low.
A recession is technically defined as a contraction in both employment and output, commented Dawn McLaren, research economist at the W. P. Carey School of Business and editor of the Blu . . .
The National Consensus Forecast of Labor Employment, Compensation and Productivity is not forecasting a job contraction nationwide in 2008, and the projection for productivity remains relatively low.
A recession is technically defined as a contraction in both employment and output, commented Dawn McLaren, research economist at the W. P. Carey School of Business and editor of the Blu . . .