US Layoffs Far Higher Than Suggested By Initial Jobless Claims, JOLTS
January 17, 2023 at 12:08 PM EST
When it comes to labor market data (or rather “data”), Biden’s labor department is a study in contrasts (and pats on shoulders). One day we get a contraction in PMI employment (both manufacturing and services), the other we get a major beat in employment. Then, one day the Household survey shows a plunge in employment […] Source