Not a great jobs report. Should we have seen it coming?
“There was a lot of gasping going on,” was how Heather Long of The Washington Post described the reception this morning to August’s disappointing, very-big-miss jobs report. Given that the delta variant is still very much at large, have economists and labor market analysts been too optimistic about job creation? Also on today’s show: the costly steps to securing a more resilient New York subway system and some background on why Apple is relaxing its app store rules.