http://gregmankiw.blogspot.com/2010/10/goolbee-deconstructed.html
It does seem focusing on "rate of change" of "private sector jobs" vs displaying "total employment" for across all sectors of the economy is very misleading. A slower rate of decline is not necessarily an improvement.
It does seem focusing on "rate of change" of "private sector jobs" vs displaying "total employment" for across all sectors of the economy is very misleading. A slower rate of decline is not necessarily an improvement.