The Bad Jobs Numbers

Leonhardt clutches to shards of hope:

It’s worth keeping something in mind: The official government statistics are probably understating job growth right now. That tends to be the pattern after recessions end. As the economy is starting to add jobs again, the Bureau of Labor Statistics understates job growth. And the opposite happens during recessions: That’s when the government understates job losses.

2006-2011 archives for The Daily Dish, featuring Andrew Sullivan