White House Adviser Kevin Hassett Predicts Slower Job Growth Amid Rising Productivity
White House adviser Kevin Hassett expects smaller job gains due to a shrinking labor force and high productivity. He noted that GDP growth remains strong.
Insights:
White House economic adviser Kevin Hassett stated on Monday that the US 
US could see smaller job growth numbers in the coming months, citing a shift in demographic and economic trends. Speaking on CNBC, a property of Comcast Corporation , Hassett noted that lower population figures and higher productivity levels are likely to result in more modest monthly gains for U.S. nonfarm payrolls moving forward.
US could see smaller job growth numbers in the coming months, citing a shift in demographic and economic trends. Speaking on CNBC, a property of Comcast Corporation , Hassett noted that lower population figures and higher productivity levels are likely to result in more modest monthly gains for U.S. nonfarm payrolls moving forward.
