Forget the “patience” and “considerable time”. These two words no longer describe Fed’s attitude toward increasing the near zero interest rate. Last week, Yellen and…
Category: unemployment
Huffington Post had a very interesting read yesterday. Mark Dayton, governor of Minnesota since 2011, proves once and for all that trickle down economics does…
Last term, I attended an outside lecture by Eric Rosengren, the president of Boston Federal Reserve. What particularly interested me was his statistics on the…
…when Jupiter aligns with Mars … Three sources point toward a triple alignment in 2016. First the Fed promises to hold interest rates at zero…
The Great Recession entailed a huge rise in unemployment; that is easy to track, as it is prominently featured in the monthly Bureau of Labor…
…more important is employment to population… The data for October 2012 – the last “big” data release before the election — are now available on…
…our problem is strong growth!?… Mitt Romney’s choice of a vice presidential is puzzling. As I see it, Paul Ryan’s primary strength is that he…
…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…
…retirement is not the answer… The Financial Times has a good April 17, 2012 article looking at the sources of continued high unemployment and declining…
Mike Smitka …(your) Unemployment is Good! (for me)… Treason is a serious charge; I would hope that a presidential candidate would not bandy it about…
Two charts. One is the number of employed, compared to where employment should be absent the Great Recession. I’ve not tried to correct this for…