[Lael]

The "Help-wanted index" hit a forty-year low last month, too. Previous low was 1960.

THAT index is, IMHO, the most useful Economic Index there is. It is considered to be a coincident indicator, meaning it gives the current state of the Economy.

It is really a collection from 51 Newspapers in different parts of the country...and the individual time series charts relative performance of the Economy.

Unfortunately, the details are 'premium content', and only shared with Conference Board subscribers.

[snopercod]

I just subscribed to CE-Weekly after a long hiatus. (Contract Engineering). I was shocked. It's only 30 pages long now - it used to be 100-200.

America is screwed...