Nation Mar 05

America can be a full-employment economy once again

How close will February's unemployment rate come to "full employment"? Not close enough, argues economist John Komlos, who believes the right to life implies a right to a job. Komlos is the author of “What Every Economics Student Needs to…

Economy Feb 04

No image
A Disjointed Jobs Report and U-7, Month Two

Today's unemployment data are a muddle. The two surveys - of individuals and of employers - seem to say very different things. Unemployment dropped - to 9 percent, according to the "household survey." Three cheers. But the "payroll survey" reports…

Economy Jun 05

No image
Job Losses Slow, but Unemployment Hits 9.4%

Unemployment jumped to a 25-year high in May, according to new Labor Department numbers, but the rate of job losses slowed with 345,000 jobs lost last month, down from 504,000 in April.

Latest News