New Data Heats Up Labor Market Debate: Hot or Cold?
timothychang.substack.com
In yesterday’s post, we noted that the predominant narrative of a strong labor market could change at any second. Just a day later and we’re already seeing that narrative shift. According to data released by the Labor Department, initial unemployment claims in the US rose by 21,000 to 211,000 in the week ended March 4, marking the highest level since December.
New Data Heats Up Labor Market Debate: Hot or Cold?
New Data Heats Up Labor Market Debate: Hot or…
New Data Heats Up Labor Market Debate: Hot or Cold?
In yesterday’s post, we noted that the predominant narrative of a strong labor market could change at any second. Just a day later and we’re already seeing that narrative shift. According to data released by the Labor Department, initial unemployment claims in the US rose by 21,000 to 211,000 in the week ended March 4, marking the highest level since December.