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Blog # 7

Blog # 7

The New Jobs Numbers Are Pretty Good, Actually
*

They fell far short of analyst expectations, but they reflect a steady expansion that is more rapid than other recent recoveries.

It’s not as bad as it looks.

The initial response among experts was to wonder whether it called for an exclamation of a mere “oof” or a more extreme “ooooooof.”

But when you peel apart the details, there is less reason to be concerned than that headline would suggest. The story of the economy in the second half of 2021 remains one of steady expansion that is more rapid than other recent recoveries. It is being held back by supply constraints and, in September at least, the emergence of the Delta variant. But the direction is clear, consistent and positive.

*https://www.nytimes.com/2021/10/08/upshot/jobs-report-september.html?smid=url-share

My/MI opinion: I actually think that a slow job recovery during a pandemic is not a bad thing since it shows that job-seekers are prudent and cautious. That’s a good things these times. /////De hecho, creo que una recuperación laboral lenta durante una pandemia no es algo malo, ya que demuestra que quienes buscan trabajo son prudentes y cautelosos. Eso es algo bueno en estos tiempos.