Was it the weather, or not?
Whether or not this brutal winter has been causing the economy to slow down will become a little clearer Friday. That’s when the Labor Department will report the employment data for February.
The past two months have had disappointing job growth. There were only 74,000 new jobs created in December, a sub-basement figure that surprised everyone (including me).
All the so-called experts were predicting that employment would pick up in January, but as I’ve explained in this space, that month almost never has good job growth because of questionable statistical moves employed by government number-crunchers. ...