Unemployment’s down a bit, so perhaps the economy is improving. The shoots may be turning green, if for no other reason than the stimulus will be kicking in big-time in the next 6-12 months.
Krugman has a good analysis of what the job figures mean (sort of).
Gorilla says: “A blip is as good as we get for the moment, let’s hope the sonar pinpoints a ship off the bottom”.
Tags: Paul Krugman, unemployment, US Economy