Sunday, July 10, 2011

Read It Here First: Labor Market Slack

A Bank of America Merrill Lynch research note on the abysmal nonfarm payrolls number for June contained this graph: A February 2010 Big Picture post on slack in the labor market contained this graph: My comment at the time, which holds true today: I?d postulate that only when this gap starts to close meaningfully will [...]

KEY JDS UNIPHASE JDA SOFTWARE GROUP JACK HENRY and ASSOCIATES IXYS

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