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Jay C. Shambaugh

@JayCShambaugh

Prof of Economics & Internatl Affairs & Director @IIEPGW at GWU. Former Member of President Obama's Council of Economic Advisers. Former @hamiltonproj . He/him

calendar_today27-09-2011 13:49:10

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Jay C. Shambaugh
@JayCShambaugh

2 years ago

Disappointing jobs report.
After top 10 in history job gains in June and July, a big slowdown.
Virus is the story. Didn’t derail economy, but slowed it.
Still short > 5 million jobs from 2/2020
Need faster job growth (especially with millions losing unemployment insurance)

Disappointing jobs report. After top 10 in history job gains in June and July, a big slowdown. Virus is the story. Didn’t derail economy, but slowed it. Still short > 5 million jobs from 2/2020 Need faster job growth (especially with millions losing unemployment insurance)
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