Federal Reserve and Conference Board Surveys show a stall in mojo.

The jobs market isn’t going to be able to grow much quicker than it has this year, two surveys released Monday suggest.

MarketWatch staffer Steve Goldstein looks at the rate of change in two employment-oriented surveys--the Federal Reserve’s labor-market conditions index and the Conference Board employment trends index--and he says diminishing momentum for employment gains ahead. Goldstein writes:

“Overall, there is reason for caution to not linearly extrapolate the current strong growth into 2016,” said Gad Levanon, managing director of macroeconomic and labor market research at the Conference Board, in a statement.

Some experts say that it’s natural that momentum is ebbing at a time when the unemployment rate is low by historical standards.
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