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