…have already dealt with his GDP spinning (or was this his lying). But average unemployment? We’ve noted before that the unemployment rate was 7.4% in December 1992 and fell to…

…unemployment rate dropped, from 6.9 to 6.1 percent, and kept falling each of the next seven years. When President Bush cut taxes in 2001, the unemployment rate rose, from 4.7…

More Unemployment In an earlier post Kash gave some data on declining labor force participation, a decline that is particularly sharp among men and people with a high school degree…

The Unemployment Rate Puzzle This morning’s release of December’s unemployment data by the BLS contains the same puzzle that’s been dogging this economy for months. Why has the unemployment rate…

…unemployment rate went down to 5.7%. That’s less bad. But since jobs aren’t being created, the only reason the unemployment rate is falling must be people dropping out of the…

An Unemployment Report that’s Not Too Bad Looking on the bright side, it’s good news for the US labor market that the unemployment rate was unchanged, at 6.1%, according to…

…numbers (falling for 7 months in a row now) and the unemployment rate (roughly constant for the past 5 months) continues with this report. Since the unemployment RATE is derived…

…NGDP: 2.4% But the unemployment rate fell from about 12% to 5.4%. Lackluster GDP growth coupled with a damned impressive drop in unemployment. How do you account for that in…

…be dangerous, labor share is low from low-wage jobs and unemployment is higher. Productivity tends to increase at lower levels of unemployment. How will this recession play out? Real GDP…

Bill McBride at Calculated Risk offers this comment on labor force participation rates: Note: A significant portion of the decline in the unemployment rate from 10.0% in October 2009 to…