Employment
42 postsLabor Force Participation and Unemployment are Tricky. Employment is What Matters.
An earlier version of this piece erroneously attributed this to the wrong author. The author is Preston Mui. Last Friday, we learned that the unemployment rate in August...
Revision Whiplash: Why Coverage of Nonfarm Payroll Growth Is Messy, And How To Track Underlying Growth Better
Summary The main purpose of real-time macroeconomic data releases is to track the evolution in the underlying growth rate of economic activity. The precise levels of employment, wages,...