Bacon King
Atlas Politician
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Posts: 18,833
Political Matrix
E: -7.63, S: -9.49
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« on: August 19, 2012, 03:37:24 PM » |
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The August unemployment rate will probably show some improvement, if only due to the traditional labor force shrinkage that comes from the millions of youth who had (or wanted) a summer job leaving the labor market to go back to school.
Also keep in mind that a lot of economics news is largely an expectation game. If Gallup predicts bad numbers and the expert consensus has a similar forecast, then what otherwise would be considered a mediocre unemployment report could still end up still looking "good" for the economy and Obama.
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