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The Mystery Of Friday’s “Somehow Disappointing” Jobs Number

I mean look, I get it. And I'm sure you do too. Hourly earnings missed and it looks like the 0.1% m/m growth was the lowest since last August. If you're so inclined you can read into that something about consumer spending and consumer spending is three fourths of the economy. And on, and on. It's not rocket science. But...

I mean look, I get it. And I'm sure you do too. Hourly earnings missed and it looks like the 0.1% m/m growth was the lowest since last August. If you're so inclined you can read into that something about consumer spending and consumer spending is three fourths of the economy. And on, and on. It's not rocket science. But...
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1 comment on “The Mystery Of Friday’s “Somehow Disappointing” Jobs Number

  1. U6 (including part-time for economic reasons) increased because 600K entered the workforce. How many of them found part time work and wanted full time… It is not rocket science

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