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cafehayek.com - 19 days ago
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It’s up to 10.2%. Trouble ahead. Trouble behind. The politics is going to be very tough. More pressure to “fix” the economy. The possibility that we are in the mess we are in because of past attempts to fix the economy is very alien to most politicians and most economists. ...
moneywatch.bnet.com - 16 days ago
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moneywatch.bnet.com —
The most recent employment report shows the unemployment
rate at 10.2 percent, and the broader unemployment rate...
that accounts for part-time work and discouraged workers at 17.5 percent. With numbers like these, can we expect good news on the ...
(more)
Why Employment Might Not Fully Recover Until 2013
ritholtz.com - 21 days ago
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ritholtz.com —
Tomorrow is NFP day — and when those
numbers come out, we won’t have much time to...
discuss much else. So while I am winging to Austin early this a.m., I wanted to share these interesting run of charts, via F lowing Data , showing ...
(more)
US Unemployment, 2004-09
norris.blogs.nytimes.com - 16 days ago
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norris.blogs.nytimes.com —
Employment was up in October, and the unemployment
rate was unchanged, no matter what you may have...
read. The news looked bad only because of seasonal adjustments.
(more)
Did Unemployment Really Rise?
| RT: @mercatus: Russ Roberts on unemployment: "Trouble ahead. Trouble behind." http://ow.ly/zShO #jobs #unemployment #tlot 20 days ago |
| Reading: @EconTalker on how "little we know" http://tinyurl.com/yksx2q7 20 days ago |
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Cassandra Gets Some Company
Streetwise Professor —
... in the game are doing the exact opposite of what politicians who don’t want them to do? This should at least raise questions as to why market participants favor a mutualized structure with a rough equivalence between risk exposure and control. Could it be because this offers serious efficiency advantages? But no, all we get from financial sophisticates like Frank and Lynch is superficial bleating about “conflict of interest.” Reading all this makes this quote from Hayek (which serendipitously Russ Roberts reminded me of yesterday ) all the more apropos: The curious task of ...
Related: unemployment wall street journal


