The job-loss numbers shrink each month. In January, employment was down an estimated 0.5 percent. December was 1 percent; November was 0.9 percent; October was 1.3 percent. If the trend continues things will level out this spring and perhaps start growing again, but it will be slow. All the major occupations, oil and gas, construction, professional and business services, retail, etc. continue to decline but at much slower rates. Health care is the exception, with strong growth. In January it was 3 percent, up 1,100 jobs. The story this tells is that the economy is still adjusting to the larger declines in jobs in 2016 and 2017 and the loss of cash in the economy. Some sector are still strong, like mining (see page 7) and military. We’ll see another good tourism season this year, also.