Employment improves, but not much

The BLS Employment Situation Summary shows that 114,000 jobs were created, not a particularly big number, and unemployment fell to 7.8%. It is sort of good news that the employment-population ratio increased by 0.4 percentage point to 58.7 percent, since it had decreased in the previous two months. Yet, the overall trend in the employment-population ratio for this year has been flat.

Comments

Popular posts from this blog

A brief note on Venezuela and the turn to the right in Latin America

Back of the envelope calculation: BNDES lending and the Marshall Plan