THE DEEPER DIVE: My Oh My, Where Have All the Job Losses Gone?
Just when you think it looks like I was dead wrong about the recession and the labor market, take another look!
Employment just turned out another head-fake, catching me back-footed this time, according to government reports. With a larger-than expected increase in jobs that came in well above economists’ expectations (and what I anticipated), the jobs report showed a widespread rebound after five months of softening. All …
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