Re: 110,000 New jobs, Unemployment up ???
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soko,
We are a growing nation. For whatever reason, we need to add in the 150,000 jobs a month range to keep unemployment stable.
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what about changing labor force participation rates? does that assume LFP is stable?
also where did you get this estimate? i'm assuming that this is either a bls, bea, or fed # so that means that they also break it down to which sectors of the economy need what amount of those monthly employment additions and we can get a better sense of where they come from.
thanks,
Barron
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