Gross Domestic Product numbers hit the news like a judge’s ruling. A single figure—say, 2.4% annualized growth—sprints across terminals and news tickers, and within seconds the public learns whether the economy is supposedly humming or falling apart. That number gets…
How to Read a Jobs Report Without Panicking or Celebrating
Every month, the Bureau of Labor Statistics releases the Employment Situation Summary, and financial news networks erupt. Anchors scramble to declare a booming economy or a looming recession. Twitter threads proclaim the number proves some political point or another. And…