The BLS diffusion index for total private employment was at a record low 4.8 in April, down from 28.5 in March. For manufacturing, the diffusion index was at a record low 2.6, down from 26.3 in March. Think of this as a measure of how widespread job gains or losses are across industries. The further […]
source https://thebtrader.com/2020/05/10/employment-april-diffusion-indexes-decline-to-record-lows/?utm_source=rss&utm_medium=rss&utm_campaign=employment-april-diffusion-indexes-decline-to-record-lows
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