Heterodox
February jobs report: the Household Survey is downright recessionary, while the Establishment Survey is decidedly mixed – by New Deal democrat In the past few months, my focus has been on whether jobs gains are most consistent with a “soft landing,” i.e., no further deterioration, or whether deceleration is ongoing; and more specifically: Whether there is further deceleration in jobs gains compared with the last 6 month average,...
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