re: #584 freetoken
Is it true the employment measurements are a trailing indicator wrt recessions?
Yes, to the tune af about a quarter.
For example, even though I got official notice of my job being eliminated this past Monday, I won’t show up in the stat’s for a couple of months cause of the severance package I’m getting.
But I’m also seeing no visible signs of GDP growing too, so I think things ar stil contracting.
Even with the time lag, Obama has been in office long enough to wear this now.