By SIMON CONSTABLE
NEW YORK (TheStreet) -- Looking at the monthly government jobs data can leave you with a lot of guesswork and a nagging doubt that the new positions might all have been minimum wage. On top of that, there's the worry that the first set of figures will be dramatically reduced later. It can give you that sinking feeling similar to playing a distressing game of "Snakes and Ladders," when you slide all the way back down the board.
But there is another, little-used data point you can add to the equation that removes some of the uncertainty, and gives a more comprehensive view: Treasury tax withholding receipts.
Read more here.
No comments:
Post a Comment