It is the million-person thriller, and its answer will assist decide simply how sturdy American development really is. In accordance with an official survey of employers, America’s economic system has added 1.2m jobs in web phrases because the begin of the yr. However a separate survey of households paints a totally totally different image: that the nation has in actual fact shed about 100,000 jobs over the identical time interval.
Slight discrepancies between the 2 intently watched surveys are regular, however not often has the hole been so extensive. One suggests a sturdy economic system that’s coping simply wonderful with excessive rates of interest; the opposite, that development is quickly decelerating.
