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May 7, 2011
>> bret: charles? >> the two main reports are contra dicker. unemployment rate rises and the employment, actual number of newly employed goes up as well. the reason is they are based on completely different polling surveys. one household and the other is on employers, on businesses. you are not sure which is right. they often contradict. the way to adjudicate which number is closer to reality would be the growth rate which is very slow in the first quarter. 1.8%, which would indicate probably th...
May 6, 2011
>> bret: charles? >> the two main reports are contra dicker. unemployment rate rises and the employment, actual number of newly employed goes up as well. the reason is they are based on completely different polling surveys. one household and the other is on employers, on businesses. you are not sure which is right. they often contradict. the way to adjudicate which number is closer to reality would be the growth rate which is very slow in the first quarter. 1.8%, which would indicate probably th...