Relevant and even prescient commentary on news, politics and the economy.

The “gold standard” QCEW through Q2 suggests little if any employment growth this year

– by New Deal democrat The Quarterly Census of Employment and Wages (QCEW) is “the gold standard of US employment measures. It is an actual census of 95%+ of all employers, who must report new employees for purposes like unemployment and disability benefits. Because of this, it is used for the final revisions, a/k/a benchmarks, for monthly […]