February Jobs Report

Ugh…it is ugly. Don’t click on this link unless you’ve had your morning pot of coffee.

Bottom line: -651,000 jobs (biggest number since 1939, when data was first kept). Unemployment rate of 8.1%. Implies a very steep drop in Q1 GDP. Happy Friday.

Michael Flynn is Director of Government Affairs for the Reason Foundation, a nonpartisan think tank whose mission is to advance a free society by developing, applying, and promoting libertarian principles, including individual liberty, free markets, and the rule of law.