Bill: This is MOM change. I don't trust it - I think you have to deal with what goes on in U6 unemployment in any employment pronunciation. But, it can be argued that there is some good news I guess.
Monday, March 7, 2011
Labor market getting better?
DeLong shows a chart from the Council of Economic Advisors, Austan Goolsbee, chair.
Bill: This is MOM change. I don't trust it - I think you have to deal with what goes on in U6 unemployment in any employment pronunciation. But, it can be argued that there is some good news I guess.
Bill: This is MOM change. I don't trust it - I think you have to deal with what goes on in U6 unemployment in any employment pronunciation. But, it can be argued that there is some good news I guess.
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