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Payrolls, Gasoline demand

Summary:
Better than expected, but not nearly enough to even begin to conclude that the multi year deceleration has reversed: This chart does not tell me this multi year downtrend has been broken: And growth of the household survey is down to 1% year over year: Participation seems to be settling in at depressed levels not seen since before women started entering the labor force: Compare the recent gains with those of prior cycles: Above 0 has coincided with recession: Obama the Tea Party hero: Substantial drop:

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Better than expected, but not nearly enough to even begin to conclude that the multi year deceleration has reversed:

Payrolls, Gasoline demand
This chart does not tell me this multi year downtrend has been broken:

Payrolls, Gasoline demand
And growth of the household survey is down to 1% year over year:

Payrolls, Gasoline demand
Participation seems to be settling in at depressed levels not seen since before women started entering the labor force:

Payrolls, Gasoline demand
Compare the recent gains with those of prior cycles:

Payrolls, Gasoline demand

Payrolls, Gasoline demand
Above 0 has coincided with recession:

Payrolls, Gasoline demand
Obama the Tea Party hero:

Payrolls, Gasoline demand

Payrolls, Gasoline demand
Substantial drop:

Payrolls, Gasoline demand

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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