Can anyone explain why it makes any sense at all to blame the weather for the job creation falling so far short of expectations?
Economists expected businesses to create more than 140,000 jobs. But all we got was 36,000 jobs, according to the data released this morning.
It's true that we did get a lot of snow in December. Much more than usual and across parts of the country that don't usually get much snow. But don't economists take this into account when making predictions about job creation? Do they just not notice that its snowing?
I don't understand this at all.
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