News
Washington Times | Most union workers now on government payrolls
Unions were formed to bring representation to companies that otherwise were accountable to no one but their profit-making owners. But most union workers today work for government, not companies, even though there are five times as many private-sector employees overall, according to recently collected data.
Econ Comments & Analysis
WSJ | The Wages of Unemployment
From the mid-17th century to the late 20th century, the American economy grew roughly 3.5% a year. That growth rate has since declined significantly. When the final figures are in for 2012, the annual rate of real output growth for the first dozen years of this century is likely to be about 1.81%.
