Earlier today…
So there is real if modest improvement over the past year. Also, the September numbers looks not like an aberration but like a return to trend from what looks like noise in the data over the previous couple of months.
This story is, by the way, broadly consistent with the payroll data, from a different survey, which also suggest employment growing somewhat faster than population.
So contra Romney, this is a real recovery. Modest, but real. Unless, of course, you believe that there’s a conspiracy of socialist statisticians …
Via:
Constant-demography Employment (Wonkish But Relevant)
[automated]