What the Jobs Data Will and Won't Tell Us
It has become increasingly difficult to reconcile different sets of data to form a coherent and decisive picture of the U.S. economy. Nowhere is this problem more evident and consequential than when comparing the contrasting developments in job creation (which has been robust) and the sluggish gross domestic product and wage growth. The jobs report for May that will be released Friday won’t clarify the whole picture, though it could provide some clues.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- 'Gaydar' Shows How Creepy Algorithms Can Get
- Yes, Trump's True Aim Is to Inflame Racial Tensions
- Trump, Presidential? Steph Curry Knows Better.
- The NFL Can't Afford to Become a Battleground
- Puerto Rico's American Dream Is Dead
- In NFL Fight, Trump Embraces Political Correctness
- Can We Stop Calling It a 'Muslim Ban' Now?