{"id":361,"date":"2008-02-01T09:00:17","date_gmt":"2008-02-01T09:00:17","guid":{"rendered":"http:\/\/astraea.net\/blog\/?p=361"},"modified":"2008-02-04T09:07:46","modified_gmt":"2008-02-04T09:07:46","slug":"us-employment-down-a-serious-sign-of-slowdown","status":"publish","type":"post","link":"https:\/\/www.astraea.net\/blog\/us-employment-down-a-serious-sign-of-slowdown\/","title":{"rendered":"US employment down &#8211; a serious sign of slowdown"},"content":{"rendered":"<p><a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/business\/7222589.stm\">US employers cut 17,000 jobs from their payrolls in January<\/a>, US Labor Department figures showed. Economists had been expecting a rise of 80,000.\u00a0 If this figure proves to be in line with actual events (after adjustments), it shows severe declines in economic activity in the US.\u00a0 There has been modest wage inflation over the past few years so there is pressure for wage increases.\u00a0 The combination of declining employment and upward wage pressure makes for a very uncomfortable economy, with potentially volatile political implications especially in an election year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US employers cut 17,000 jobs from their payrolls in January, US Labor Department figures showed. Economists had been expecting a rise of 80,000.\u00a0 If this figure proves to be in line with actual events (after adjustments), it shows severe declines in economic activity in the US.\u00a0 There has been modest wage inflation over the past &hellip;<br \/><a href=\"https:\/\/www.astraea.net\/blog\/us-employment-down-a-serious-sign-of-slowdown\/\" class=\"more-link pen_button pen_element_default pen_icon_arrow_double\">Continue reading <span class=\"screen-reader-text\">US employment down &#8211; a serious sign of slowdown<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[27,17],"tags":[],"class_list":["post-361","post","type-post","status-publish","format-standard","hentry","category-economy","category-us"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4hwcd-5P","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts\/361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/comments?post=361"}],"version-history":[{"count":0,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts\/361\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/media?parent=361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/categories?post=361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/tags?post=361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}