April jobs report: counterbalancing March’s blockbuster good report, the first significant “ding” to the soft-landing scenario in months
– 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: All three of these metrics came in negative, in the sense of the lowest gain in jobs since last […]