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This is the second month and a rope where it surprised to the upside. It was coming down. Is it going back up . Carl it still looks like there is a broader deceleration underway but the slope is much shallower and it tells you some of the handwringing over the trade war is overblown in terms of the consequences for the broader economy. The trade wars negative without doubt. Growth is slowing. As the economy slows, hiring should slope, but things are not rolling over. Written a fair amount about the relationship between the economy and the growth of the jobs numbers. Is it changing your mind about how much the economy is slowing . Carl may be at the margin it tells us there is less slow down. If we look at the number of hours worked, a unit of gdp requires a certain number of worker hours to produce and the fact that aggregate hours worked is growing at 1. 9 to the us thet quarter tells tracking estimates of gdp that are below our forecast are down closer to 1 . Is based takeaway here o

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