If econ. creates 150K jobs a month for the next two years, he loses.
The world is too complicated to make such predictions, but I think the underlying point is one that is lost on people, that "150K jobs a month" is not nearly enough job growth. So, yes, we can cheer monthly jobs reports that are >0 and find signs of hope in jobs reports that are at 150K, but this is still not enough. It has to be better than that for things to get better.
No comments:
Post a Comment