Jobs Friday—-When Bubblevision Misses The Epic Failure Of The US Labor Market
CNBC’s long-running “jobs Friday” fetish is getting downright appalling. Each month the BLS puts out a treasure trove of data on the rich and complex mosaic of the US labor market—-a download that embodies a truly frightening trend of economic failure. Yet the talking heads who assemble in its screen boxes to opine on Hampton Pearson’s 30-second summary of the BLS release never have a clue. […]