There was an abundance of economic indicators released this week, and taken together – they offered little insight into the future. The latest Fed FOMC minutes were released – ditto.
Tag Archives: ECRI
Recession Is Over – Now Where Are the Jobs
Weekly economic review: The recession ended 15 months ago but employment shows no signs of significant recognition of the event. Other areas of recovery are also weak.
Notice: Use BLS Data at Your Own Peril + Weekly Economic Summary
The markets wait for the unpredictable BLS to publish its data. Their methodology produces a lot of monthly volatility. Their adjustment factors create too many jobs. The August 2010 BLS jobs report did not disappoint this opinion.