Hard times for Paul Krugman. A Limerick.
Paul Krugman Jan 2, 2011, NYT: The figure at right illustrates Okun’s Law — the relationship between growth and unemployment. (Gah — I’ve tried to remove the connecting lines, to no avail.) The...
View ArticleUnemployed, discouraged, discarded. A Limerick.
If you have been unemployed more than a year, you count as “discouraged”, a case less severe. Do not go ballistic You are a statistic. No more unemployed, but a discard. So there!
View ArticleUnemployment rate down to 7.8% BLS own adjustments shows otherwise, but they...
The good news yesterday was: Unemployment down to 7.8%!!! In a month when nothing happened that could possibly explain this sudden and totally unexpected improvement, one has to ask: What happened? I...
View ArticleUnemployment rises to 7.9% in spite of a rise in part time jobs.
The just released jobless rate: 7.9 The jobs they created are part time: Not fine. The Obamacare mess Makes us work less and less Instead of insurance we’ll all pay the fine.
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