Most U.S. business economists expect corporate sales to grow over the next three months and hiring and pay to rise with them.
A majority of the economists surveyed by the National Association for Business Economics say corporate tax cuts have yet to affect their plans for hiring or investment.
The assembly line, energy plant and retail store have changed dramatically in the past 25 years—and the jobs have, too. Nearly 1 in 5 working Americans has a job that didn’t exist in 1980, many in technology, the fastest-growing segment across all industries. Such rapid change is one reason 6.6 million U.S. jobs are currently unfilled.
The unemployment rate is falling to a post-crisis low of 3.8%, America’s workforce still faces a few distinct challenges.