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Episode 160Mar 31, 2020

Things can always get worse

Specifically, when you’re talking about the jobs report. It’s a lagging indicator, and there’s a doozy coming Friday.

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Remember: unemployment is a lagging indicator.
Remember: unemployment is a lagging indicator.
Spencer Platt/Getty Images

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The March jobs report is due out Friday, and it’s not going to be pretty. But thanks to some wonkery with how the Bureau of Labor Statistics handles its data, the reality is probably a lot worse than the numbers will look. We’ll explain. Plus, we’ll talk about making your own masks, finding “Joy” when you’re stuck at home and — sorry, why is Nancy Pelosi out shopping?

The Team