The following chart shows the 12-month moving average of technical and trade school employment.
Click to enlarge.
It's a rare treat to capture a trend failure real-time! Lucky us! Sigh.
Important Questions of the Day
1. Was it caused by a teacher shortage or a student shortage?
2. Who knew a 3.8% annual growth rate wasn't sustainable?
3. Wasn't ZIRP supposed to prevent these kinds of failures?
4. What else won't ZIRP be able to prevent?
BLS: CES Databases
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