Employment Situation Continues Ponderously Slow Improvement June 6, 2014Posted by geoff in News.
The BLS released the Employment Situation report for May this morning. As always, I’m ignoring the U-3 unemployment number that receives all the attention in the media, and focusing on my own metric – full-time employees divided by the number of people considered to be eligible for the work force.
And as always, that particular metric shows that we are slowly, slowly healing. Slowly. With great, ponderous slowness.