Monday, February 7, 2011

How do we interpret January's job report?

Doug Holtz-Eakin is not sanguine:
The bottom line: Taken as a whole, the January report is a net negative — few jobs, few hours, and massive labor-force departure. The glimmer of good news may be arising from a new policy climate more favorable to small business.

SPECIAL OFFER TO VANDY ALUMS:  Doug will speak at an invitation-only lunch at Vanderbilt on March 23.  Send me an e mail if you want to come.  

1 comment:

  1. It looks even worse if you divide by population to get a % of the population that is employed.