The terrible jobs report should be matched with another set of data to point out that this is the economy that corporate executives have wanted for a long time. Because they are not suffering in a time of weak demand. They’re actually thriving. Corporate profits are soaring. The chart above shows corporate profits as a [...]

The official unemployment report comes out on Friday, but today we learned that private sector jobs actually decreased, which was far below expectations. If we do see any job growth in March it will be due to government sector hiring, particularly for short-term jobs with the US Census. You can analyze this data one of [...]