In spite of some encouraging jobs data (I, II), conditions aren't actually improving much,...

|By:, SA News Editor

In spite of some encouraging jobs data (I, II), conditions aren't actually improving much, claims TrimTabs. The company's data suggests online job postings have actually slowed over the past month, and real wages have declined by 1.2%. Moreover, the firm believes the massive job cuts being carried out by the financial services industry will lead to further pain.