Increasingly Likely That Alleged Job Strength is a Mirage of Part Time Second Jobs

The Closed Eye Society

by Mish Shedlock, Mish Talk: Strong job gains? Don’t count on it! Earlier today I noted The Jobs Report Much Is Weaker Than It Looks For Six Months I have been commenting on the jobs (Establishment Nonfarm Payrolls) vs employment (Household Survey) discrepancy for four months. The two surveys measure different things. A person is either […]

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