July Jobs: The Real Number Was Negative 210,000 (Part 1)

Today was Jobs Friday and there was less joy in America last month than the headline 164,000 jobs print suggested. Actually, according to the ever perspicacious David Rosenberg the job count actually declined by 210,000 during July. That’s right, and it’s because Rosenberg is counting how most of America actually works, which is by the hour and […]
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