The "one month is not a trend" claim from Austan Goolsbee has gotten a little old. Unemployment has gone up for three straight months and there is a good chance that it will go up again tomorrow. If it does go up for four straight months, can we call that a trend?
March 8.8%
April 9.0%
May 9.1%
June 9.2%
July ???%
March 8.8%
April 9.0%
May 9.1%
June 9.2%
July ???%
Goolsbee on jobs: 'One month is not a trend'
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Oleh
abudzar
