Don't Shoot the Messenger

Hard to be the bearer of good news in this town.  This is something just out and quite honestly I am surprised. If it holds up over next few months it is pretty big economic news.

You can check out the latest dump of total non-farm jobs for the region from the BLS here. I have done absolutely nothing other than calculate the year over year change over the last 3 years. What is interesting about the January data just released?

Like I said.. if it holds up.  January is still a preliminary number, so something to keep an eye on.

Actually, let’s update that chart to see how far back you need to go.  The answer is February 2001.  More the evidence it must be an anomaly.  Can’t be true right?  Here is the longer term picture of same:

Leave a Reply




You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>