Wages
Is U.S. economy now “non-performing without a net?
By Guest Post at August 6, 2011 | 12:11 am | 0 Comment
We are offering a compendium of observations on this tumultuous week. The jobs picture: 1. Today’s report happily smoothed out the trailing three months to an average of 72,000 new jobs per month. It was welcome, albeit that we are tracking at less than half the 150,000 jobs/month necessary to keep pace with population growth. Is the upward move for July more...