Always these things are explainable.
To-date the wash has been between the employment rate, and the unemployment rate.
Unemployment was going down, but so was employment. People were moved out of the system entirely, to influence the unemployment rate which is reported. That has been happening now for several years.
I don’t see the employment rate as having received another cut this week.
Maybe they’ve just got a one- or two-week wash between the two metrics?
Anyone else have input on this?
I’m not sure the unemployment rate actually went down yet, but I’m not seeing where the change is.
Thanks.
How long will it take for everybody to be unemployed at 284k/month?
One happy nation on welfare.
Putin will share his wealth.
White flags on Brooklyn Bridge already signal that.