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

The recessionary Household Jobs Survey is not confirmed by other comprehensive hard data

 – by New Deal democrat As per usual, the Monday after jobs report Friday does not update any significant data. So let me return to the deep divergence between the Household and Establishment Surveys in the jobs report. With Friday’s data for May, the two have now diverged 1.9% over the past year, adjusted for […]