Did Winter Weather Snow the Signal in February’s Headline Jobs Data?
For the second month in a row, nonfarm payroll data reported by the Bureau of Labor Statistics as part of their monthly Employment Situation Report was underwhelming. The U.S. economy gained 379,000 jobs (SA) in February 2021, coming on the heels of a disappointing January. (In retrospect, January wasn’t as disappointing as initially reported: The […]