HOUSTON, TX - Over the past couple of weeks, there has been a great deal of hand-wringing about the state of the national economy. In particular, analysts and pundits of all sorts were curious to see just what the job market and unemployment numbers would look in the first month of the new administration. For the most part, you could say that they were improving, but that they may not tell the whole story. Either answer could be maddeningly correct. Such is the ambiguity of economic data.
However, we don’t have time to sort through such things as “detailed macroeconomic analysis” and “underemployment” or “data” or “facts”.