Down 501K in March. Private NFP down 514K.
(Click on image to enlarge)
Figure 1: Nonfarm payroll employment, July 2019 release (blue), stochastic trend 2014-2016 (red), and March preliminary benchmark revision (August 21, 2019), all on log scale. Light green shading denotes Trump administration. Source: BLS via FRED, BLS, and author’s calculations.
Comments
Log in or sign up to join the conversation.