NCCI: Labor Market 'Uncomfortably Mediocre'

The National Council on Compensation Insurance said a mix of positive and negative trends makes it difficult to categorize the current state of the U.S. labor market. Job growth is sluggish and hiring has slowed, but unemployment and overall turnover are low. People searching for jobs are having more trouble finding them, but those already employed aren't at high risk of losing theirs. "While the labor market can no longer be unequivocally categorized as strong or solid, the broader set of data also makes the labor market difficult to categorize as weak or deteriorating just yet,&qu...