Knowledge Diagram Navigation:

Spatial co-ordinations are initially random, and will automatically re-arrange to minimize complexity based on distance between relationships. Mouse down and drag to pan. Right click on the strategic diagram toggles between motion and stationary. Hover over abstract node (orange) to view abstractions. Hover over leaf node to view corresponding narrative. Left click on the leaf node expands the narrative to view full text.

Narrative Analysis - Report

Key Focus

The unemployment rate continues to remain below 4%, ticking down to 3.8% in March.. . Wage growth, which continues to deliver solid gains for workers, is another part of the picture. When factoring in the effects of inflation, average hourly earnings in March increased 0.7% compared to the prior year, according to the Bureau of Labor Statistics ...

In fact, Morgan Stanley raised its forecast for average monthly job gains to 225,000 this year due to new population data that suggest immigration is expanding the available workforce. ...

No momentum supporting factor found

Challenge supporting factors

(growth,workers)

(growth,wage)

Work-in-progress supporting factors

(growth,workforce)

(growth,unemployment)

(growth,labor_statistics)

(growth,labor)

Time Period	Challenge	Momentum	WIP
Report	22.22	0.00	77.78

High Level Abstraction (HLA) combined

High Level Abstraction (HLA)	Report
(1) (growth,workforce)	100.00
(2) (growth,workers)	91.67
(3) (growth,wage)	83.33
(4) (growth,unemployment)	75.00
(5) (growth,underpins)	66.67
(6) (growth,ticking)	58.33
(7) (growth,spending)	50.00
(8) (growth,scrutinous)	41.67
(9) (growth,population)	33.33
(10) (growth,market)	25.00
(11) (growth,labor_statistics)	16.67
(12) (growth,labor)	8.33

Supporting narratives:

Please refer to knowledge diagram for a complete set of supporting narratives.

challenge - Back to HLA

The unemployment rate continues to remain below 4%, ticking down to 3.8% in March.. . Wage growth, which continues to deliver solid gains for workers, is another part of the picture. When factoring in the effects of inflation, average hourly earnings in March increased 0.7% compared to the prior year, according to the Bureau of Labor Statistics ...
High Level Abstractions:

(growth,workers)

challenge - Back to HLA

. The unemployment rate continues to remain below 4%, ticking down to 3.8% in March.. . Wage growth, which continues to deliver solid gains for workers, is another part of the picture. When factoring in the effects of inflation, average hourly earnings in March increased 0.7% compared to the prior year, according to the Bureau of Labor Statistics ...
High Level Abstractions:

(growth,wage)

WIP - Back to HLA

In fact, Morgan Stanley raised its forecast for average monthly job gains to 225,000 this year due to new population data that suggest immigration is expanding the available workforce. ...
High Level Abstractions:

(growth,population)
(growth,workforce)

WIP - Back to HLA

. The unemployment rate continues to remain below 4%, ticking down to 3.8% in March.. . Wage growth, which continues to deliver solid gains for workers, is another part of the picture ...
High Level Abstractions:

(growth,unemployment)
(growth,ticking)

WIP - Back to HLA

economic activity remains resilient, powered by consumers'ongoing ability and willingness to spend, even if they are being more scrutinous in the face of high prices," Daco wrote.. . . The robust labor market underpins that consumer spending, with growth in payrolls averaging close to 300,000 positions per month during the first quarter ...
High Level Abstractions:

(growth,scrutinous)
(growth,labor)
(growth,underpins)
(growth,market)
(growth,spending)

WIP - Back to HLA

When factoring in the effects of inflation, average hourly earnings in March increased 0.7% compared to the prior year, according to the Bureau of Labor Statistics. ...
High Level Abstractions:

(growth,labor_statistics)

Semantics Relevance

The Economy Looks Strong. It's on Track to Keep Growing - Just Not as Fast.