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Fed Will Hike Rates Into Economic Train Wreck | Danielle DiMartino Booth
Forward Guidance
The Birth Death Ratio
The labor market is experiencing a difference between perceived health, true health, and official data./nThe lagging nature of the labor market is widely acknowledged./nThe presence of sole proprietors and small business owners who employ themselves impacts unemployment numbers./nThe birth death ratio is a concept that affects job creation calculations./nThe imputation of 37% of jobs created is based on business formation exceeding closures./nReal-time chapter 11 filings contradict the birth death model./nBankruptcy filings have more than doubled year over year.
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