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.)