Swept into the Polar Vortex?

Monday 01/13/14

This week's newsletter examines the dismal jobs report. Last Friday the preliminary report indicated that only 74,000 jobs were added in December missing estimates of 196,000 and way below the average of about 180,000 jobs this year. Was this an aberration caused by bad weather, or is something else to blame? This newsletter looks at which industries were affected, how the weather may have played a part and to what extent, and why there is probably more to it than that.