Yeah, I was wondering, too. Data is from EMSI.
According to EMSI’s estimates, more than 100 economists were added to payrolls in 2009 while US employment as a whole lost nearly 6.2 million jobs.
Yeah, I was wondering, too. Data is from EMSI.
According to EMSI’s estimates, more than 100 economists were added to payrolls in 2009 while US employment as a whole lost nearly 6.2 million jobs.
It’s all in the inverse staffing patterns – the Fed’s growth is the only thing accounting for the increase, otherwise we would be looking at a loss. Everything else is tepid (private-side hiring) or bad (state govt. and Central monetary authorities).