9:18 AM, Sep 4, 2014 • By GEOFFREY NORMAN
Recent talk about the economy (especially from within the administration) has been upbeat. So the employment (jobs) number for August, which will be released tomorrow, will be looked at closely since that is the measure of economic health and progress that most people – and, hence, all politicians – pay attention to.
So it is interesting that today’s preliminary numbers are nothing to shout about. First, as Michelle Jamrisko and Lorraine Woellert of Bloomberg report:
And, then, as Reuters reports:
Tomorrow’s report may clarify things. But … maybe not.
Whatever the number, expect it to be extravagantly spun.
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