…more important is employment to population… The data for October 2012 – the last “big” data release before the election — are now available on…
Category: macroeconomics
…the fallacy of composition separates micro from macro… As I struggle with teaching senior majors a bit of macroeconomics, I am trying to think of…
…early retirement and education aren’t “safety valves”… At 8.3%, “headline” unemployment represents 1 in 8 would-be workers without jobs. Furthermore, we know that we’re seeing…
Mike Smitka …Leviathan is the creation of 10-year-olds… What of Leviathan? Let’s rely upon data, here the Bureau of Labor Statistics Employment Situation Table B-1.…