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

The “gold standard” QCEW for last Q3 strongly suggests no job growth whatsoever in 2025

– 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 bench-marks, for monthly […]