Stephen Levy
Stephen Levy
Steven Levyis an American journalist who has written several books on computers, technology, cryptography, the Internet, cybersecurity, and privacy...
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Production is up, sales are up, and all that can exist without job growth.
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This is not a strong period in our economy or the national economy, but unlike a decade ago, we're not doing worse.
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What you really have to do is average the two months together. And when you do that, you come up with an average growth of around 15,000 jobs per month, which is slower than normal. I didn't expect it to be this low in August and September.
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We ... believe this removes the potential for one of the most important sources of significant upside to our revenue projections, which is the key factor in our investment recommendation.