A lot of people are excited today not because the unemployment rate is low (it’s very high — 8.9 percent), nor because the economy is adding jobs (it lost another 539,000 last month, according to ...
Payroll employment rises by 114,000 and unemployment is at 4.3%, with wages up 3.6% over the past year. The Atlanta Fed estimates Q3 RGDP growth at 2.5%. I suspect that this estimate does not ...