A bit of a wonky discussion on the radio today with the guest host. Policy stances for both fiscal and monetary policy were the major topics, mostly with relations to stock price movements. I could talk policy all day, as I did for most of the hour on the radio.
There are many ways to slice and dice employment and the change in employment in a community. How webs to do it, and whether the approach generates meaningful outcomes, is not always clear. We can look at particular sectors and attribute outsize importance to them and fear job loss is symptomatic of a declining employment base. It could also be the case the local labor market composition changed and the losses in one sector were the gain in another.