Paul Krugman

@paulkrugman ↗

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Last Checked April 3, 2023

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Fri Mar 10 14:45:51 +0000 2023

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Paul Krugman @paulkrugman

As I see it, 4 recent indicators of labor market hotness: 1. JOLTS openings 2. quits 3. private openings 4. AHE. The last 3 all suggest substantial cooling — PolitiTweet.org

I don't understand why people focus on the headline job number as inflationary by itself - do the new workers not m… https://t.co/cyK8IwMYa9

Posted March 10, 2023

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Paul Krugman @paulkrugman

My view too. But with the caveat that we've been jerked around by data revisions so much that I take every report on AHE with a whole shaker of salt — PolitiTweet.org

Employment remains strong but wage growth surprises on downside. What voodoo economic model can explain that? Oh ye… https://t.co/mRSjXNDojB

Posted March 10, 2023

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Paul Krugman @paulkrugman

Markets seem to think this was a dovish report https://t.co/qaGKnxQ9gw — PolitiTweet.org

Pretty incredible. Biggest 2-day plunge in 2-year yields since 2008 https://t.co/ULUEQ4f0HC

Posted March 10, 2023