It’s all about jobs now. Actually, it’s always been about jobs. But the stakes are even higher—perhaps more so than at any time since the Great Recession ended–in the wake of yesterday’s weak GDP report for the first quarter.
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● US Economy Expands 0.5% in Q1, Weakest in 2 Years | Bloomberg
● US Jobless Claims Rise but Remain Historically Low | WSJ
● Consumer confidence rebounded last week in US | Bloomberg
● KC Fed Mfg index still in red, but marks 2 mos of improvements | 24/7 Wall St
● Eurozone Q1 GDP +0.6%–much more than expected | Eurostat
● Obama Weighs His Economic Legacy | NY Times
● Is OPEC Preparing for End of the Oil Era? | Nation