A Nonfarm Payroll Number of Zero This Month...
More bad news on the labor-market front.
I must say: I cannot see how the Administration Troika is forecasting an 8.2% unemployment rate for the end of next year. That would seem to call for a 4%/year real GDP growth rate starting now. And right now it looks as though the third quarter will be not a 4 but a 2.
