Reading the Employment Report: Focus on Hours, Not Heads – Freakonomics Blog – NYTimes.com

Reading the Employment Report: Focus on Hours, Not Heads – Freakonomics Blog – NYTimes.com:

“Any evidence of ‘green shoots’ appearing in recent months disappears in this broader measure. The recession continues apace. If current trends continue, we are in for a frightening time.”

(Via Freakonomics Blog.)

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