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Week of December 30, 2007 - January 5, 2008

The Labor Market Is Flashing Recession


We interrupt the news from Iowa to bring you the following message: there’s bad news on the economic home front in the form of today’s jobs report from the Bureau of Labor Statistics. Job growth stalled in December and the unemployment rate ticked up sharply. I’m afraid to say that we have an answer to the question as to when the overall economic headwinds will blow a chill on the labor market.

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« December 23, 2007 - December 29, 2007 | Home | January 6, 2008 - January 12, 2008 »

Jared Bernstein

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