Mar
11

Weird Work

With just 20,000 new jobs, the February job report headline was disappointing. But, aftermath from the government shutdown continued to impact the data, as did severe weather during the survey week. Separately, since the current expansion began, each time there has been a lousy month, it’s been followed by a good one. So, don’t focus on one data point. The economy is slowing, so job numbers should gradually decline.

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