Hiring Trends in Dead End Economy

Dead End economic growth appears to be continuing and expanding within the city after recent news of an upswing of new individual businesses created within DE. There are also strong upward trends continuing in the US economy from November and December that created and pushed average job creation up to 336,000 in the past 90 days, per the US Labor Department’s job report released this past Friday.

However, the economic activity has not been as strong as this recent job report and economists estimate that for the first quarter it hit around a 2.5 percent pace after the release of the US Commerce Department reported in January that it will be an estimated a weaker than expected 2.6 percent growth rate to start in the fourth quarter for this fiscal year. Per the Treasury Department, even though the US economy has turned the corner for growth, however the wages have not caught up with the current economic status and wages need to catch up in order to help citizens to reach financial security and stability. Much of the job growth has been within service types of jobs, such as the food and beverage industries, within the United States.

This seems to mirror trends in the overall types of available employment in Dead End with the robust hiring in already established businesses within this sector, such as the Roughhouse’s recent celebration of it reaching a year as a business as an example and the addition of several new businesses such as Forte, Head Shed, The Pawn Shop, Captured Studios and Up N’ Smoke within the first and second fiscal quarters in Dead End. All of these businesses are within the service type of industries and validates both the US Commerce and Treasury Departments’ recent reports on the state of job creation and wages in the US economy and the overall economic strength of DE individual business owners adding to the overall economic improvements within the city.