Did the Job Market Vigilantes Win?
We are still mired in the Robert Half Economy. (h/t Carpe Diem)
Temporary and contract staffing employment increased 0.41% from the prior week. The index set a record, reaching 95 in week 16. This is the highest week-16 level since inception of the indexIn a sense I have been correct that the "Job Market Vigilantes" have made a large contribution towards muting the presidency of the Worker of the Light. (The Robert Half Economy is a corollary development to the phenomenon I call the JMVs.) His administration's own incompetency and cynicism is most at fault, but it is hard to deny that the steady, ongoing jobs market misery has gone a long way to limiting Dear Leader's capacity to get things done.
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