by Tom aka Rusty Rustbelt The Unemployment Tax Dilemma When the economy is doing well employers pay both state and federal (backup system) unemployment taxes. The rates tend to be…

Does economic growth cause unemployment?, Econospeak, Sandwichman, October 24 Usually, a question in the title of an article is a teaser and the answer is almost always “no.” Not in…

…last Thursday, initial jobless claims have a nearly flawless 60+ year record for forecasting the trend in the unemployment rate. Here’s the supporting graph: The red line (the unemployment rate…

…suggests about what will happen with the unemployment rate in the next several months, which will be reported next Friday for April: One year ago the unemployment rate was 4.2%….

Middle Class Political Economist: Basics: Length of Unemployment is Worst Since World War II.. (HT Brad DeLong.) The key graph: Assuming the economy is “trying” to reach equilibrium, this suggests…

…Unemployment Insurance Reauthorization, and Job Creation Act of 2010 passes crossposted with Ataxingmatter No big surprise here. The House on December 16 passed the Senate-approved TRA by a vote of…

Rdan Martin Ford continues his theme in the following post, on comparative advantage: More on the Looming Structural Unemployment Crisis, and on Comparative Advantage In my previous post, I suggested…

…to the business cycle, the unemployment rate will rise or fall by one percent. The magnitude of swings in unemployment will always be half or nearly half the magnitude of…

…there be increased involuntary unemployment and a liquidity trap yet fiscal stimulus has no effect on output. I will start with models of involuntary unemployment. Some such models are based…

…too small and accomplished little, that only WWII ended the Depression, is very widely held. But it is not correct. It is based on a mis-reading of reconstructed unemployment statistics…