FYI: Every August I go fishing with a bunch of fellow economists up in northern Maine. We're usually there on jobs day, and I have discovered there are two types of economists: those willing to put the fish on hold while they obsess over every detail of the report as it comes out, and those who are out on the lake by the time it hits the tape. I invariably fall into the latter camp--there’s only so much you can interpret from one month of data anyhow. But I think I might have been among the landlubbers for this November’s jobs report. It gives us a lot of information about the economy at a time when the markets have turned skeptical about the US growth.
Regards,
Ted
https://ftalphaville.ft.com/2018/12/07/1544210610000/When-steel-is-more-expensive--metal-workers-lose-jobs/
