The economy was in reasonably good shape, according to the March employment report, before "Liberation Day."
Unemployment rate basically flat (up to 4.2% from 4.1% but mostly due to rounding: March was 4.15%, February was 4.14%).
Job growth is running at around 180,000 per months over six months
Unemployment rate basically flat (up to 4.2% from 4.1% but mostly due to rounding: March was 4.15%, February was 4.14%).
Job growth is running at around 180,000 per months over six months
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Aggregate weekly payroll growth (a proxy for nominal income) was up 4.4% from a year ago, part of a steady cooling.
This wasn't the case in March. Hiring less government, education, and health services was +132,000.
Fuck him to hell and back.