The March headline figures say 562,000 jobs were “created” during the last two months. Actually, the more comprehensive index of aggregate hours worked implies otherwise; it shows that labor utilization in the US economy has declined by -0.3% since January. Of course, in the great scheme of things the February-March 2023 index numbers are rounding […]
The Impending Octogenarian Cage Match That Portends Ruin
