One big unanswered question: What percentage of the downturn is illegal immigrants returning home, and how much of it is legal workers?
Employment Update
I haven't updated my employment data in a while. It's not doing well. Here's the chart of the Household Survey as it is now. There is a clear inflection point at December of 2006, things flattened out after that, but there is a new trend--downwards.
One big unanswered question: What percentage of the downturn is illegal immigrants returning home, and how much of it is legal workers?
One big unanswered question: What percentage of the downturn is illegal immigrants returning home, and how much of it is legal workers?
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