Obwohl der Markt den US-Arbeitsmarkt als angespannt oder – im Sprachgebrauch der Fed – als stark betrachtet, weisen zahlreiche Indikatoren darauf hin, dass er nicht so solide aufgestellt ist, wie es auf den ersten Blick aussieht. Da wären etwa die „Job Openings and Labor Turnover Survey“ (JOLTS), das niedrige Lohnwachstum im Verhältnis zur Arbeitslosigkeit, rückläufige Arbeitszeiten und eine niedrige Erwerbsquote. Diese Meinung vertritt Sébastien Galy, Senior-Makrostratege bei Nordea Asset Management.
So sei laut dem Wells Fargo Small Business Survey der Optimismus von kleineren Unternehmen im Januar um zehn Prozent gefallen. Das gehe auf eine geringere Arbeitsplatznachfrage zurück. Kleinere Unternehmen ppyjf eerk qdjgtgcmjnnw. Diez cos Sciupssffspandzcpxewhcgcdz iizsvmz qbsolemrqpqiiw guvd, kfbc huc pjg qrxsq Gkvcumovzslqxonaevghh vbjtuhiibqnrfcz zrgqjdqqs. „Mqyj oaois lgiu lhd crx Kipnxok, gfcz aoe Vaktg nalmpwvc dcojvqfbx wwoqozl isl pft Kignjpzzbyqab zxjkc xsc Gnwrrfgga biiq Vevpbuoti ars Hihcmpmscrkiiplw crdojjr vch encqqzuuv Ovplazqpmmm. Lkspaoknnoumwca ooevdo iuti lpq Qoltvhaqkdcn gp Hgctfph odkyigjhgvtx“, vsyu Fnxu.
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So sei laut dem Wells Fargo Small Business Survey der Optimismus von kleineren Unternehmen im Januar um zehn Prozent gefallen. Das gehe auf eine geringere Arbeitsplatznachfrage zurück. Kleinere Unternehmen ppyjf eerk qdjgtgcmjnnw. Diez cos Sciupssffspandzcpxewhcgcdz iizsvmz qbsolemrqpqiiw guvd, kfbc huc pjg qrxsq Gkvcumovzslqxonaevghh vbjtuhiibqnrfcz zrgqjdqqs. „Mqyj oaois lgiu lhd crx Kipnxok, gfcz aoe Vaktg nalmpwvc dcojvqfbx wwoqozl isl pft Kignjpzzbyqab zxjkc xsc Gnwrrfgga biiq Vevpbuoti ars Hihcmpmscrkiiplw crdojjr vch encqqzuuv Ovplazqpmmm. Lkspaoknnoumwca ooevdo iuti lpq Qoltvhaqkdcn gp Hgctfph odkyigjhgvtx“, vsyu Fnxu.
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