Kudlow: “We Are in the Front End of a Recession” Audio here, at 2:30 approximately. He also says private NFP gain is down to +56K, while private ex-health care and social services (all essentially government), was only up +12K. Here’s the picture I get looking at current vintage/latest release: Figure 1: Change in nonfarm payroll employment (blue), in private NFP (tan), in private NFP ex-health […]
https://econbrowser.com/archiv....es/2024/09/kudlow-we