What’s especially troubling is that the seasonally adjusted figures are the same as those that are not seasonally adjusted. I would expect a discrepancy in November due to seasonal holiday hiring. Continue Reading →
But, like so many economic events, there is a potential downside to this. Take a look at the totals above. The total entrants to the labor force are increasing, despite the fact that layoffs only increased slightly between February and March. The large number of quits could put upward pressure on the unemployment rate. Continue Reading →