When Americans were asked recently about the most basic economic issue — if they were having trouble putting food on the table — 18.6 percent said yes, they were.
That was the highest percentage since the financial crisis began four years ago.
I’m mentioning that survey because tomorrow is when the Labor Department reports how many jobs the economy supposedly created in February. Statistics, especially when only taken at their face value, tend to hide what’s really going on.
Let’s go through the numbers first so you will not be bamboozled by Labor’s jobs report — or Wall Street’s reaction to it.
Read more: http://www.nypost.com/p/news/business/not_too_warm_for_labor_dept_snow_jrlRdFEy5YPQx5nXh8zhNL#ixzz1oajkci8a
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