The Overall Labor Picture Remains Muddled
July 02, 2010 at 12:34 PM EDT
The decline of 125,000 in nonfarm payrolls for June isn’t a surprise. Most economists were forecasting a decline of 100,000 or so. Nor is the tumble necessarily an omen for the economy. A big factor in the retreat in the headline number is the termination of temporary Census workers. And if we strip out the [...]
