Weekly U.S. jobless claims drop 42,000
James Fallows Asks: Why Oh Why Can't We Have a Better Press Corps?

Employment Report: Household and Establishment Surveys Pointing in Very Different Directions This Morning...

BLS:

Unemployment rate falls to 9.0% in January; payroll employment changes little (+36,000) The unemployment rate fell by 0.4 percentage point to 9.0 percent in January, while nonfarm payroll employment changed little (+36,000). Employment rose in manufacturing and retail and declined in construction and transportation...

I want a trained professional to analyze this. It is not unusual for the series to do something odd around Christmastide. It is not unusual for the series to diverge. Not this much.

Comments