News
Bloomberg | America Proves Nothing Like Europe as Joblessness Dips
James Ensley of Rocky Face, Georgia, took a $10,000-a-year job last month as a school-bus driver after almost two years of unemployment benefits ran out. While that’s a third of his prior pay as a warehouse manager, the father of two says he’s content.
Politico | White House: We're not worried about new jobs report
Regardless of whether the unemployment rate rises or falls on Friday when new monthly figures are released, the White House will continue to make the same pitch to voters: the economy is moving in the right direction.
Blogs
Café Hayek | Superabundance?
Here’s a simple question – one that I (and others) have asked before [although I'm too busy now to search for relevant links] – namely, by what logic does an unemployment rate a few percentage points higher than the natural rate nullify the foundational laws of economics?
