The reason for the worsening jobs picture, writes Floyd Norris in the NYT, is because everybody looks at seasonally adjusted figures. "But those adjustments most likely overstate reality." Pre-adjustment, the private sector added 800K jobs/month in the last 3 months, while in June, the number of jobs rose by 1.8M Y/Y. Expect a poor July and August, a pick-up in September and an impressive October.
The reason for the worsening jobs picture, writes Floyd Norris in the NYT, is because everybody...
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs