Sharon Poczter, an expert in financial economics and assistant professor of managerial economics at the Charles H. Dyson School of Applied Economics and Management, discusses the potential for broad interpretation of the latest federal employment statistics, released this morning.
She says:
“Even with unemployment remaining relatively unchanged from last month, vastly differing opinions already exist this morning as to what this means and how to interpret it.
“Once again, depending on how deeply one analyzes this statistic, its underlying components and other economic data, one can have very different readings of the temperature of the recovery. When using unemployment in order to gain a better understanding of the U.S. economic outlook, the devil is surely in the details.”
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