…to unemployment? There is a common misunderstanding that inflation affects everyone, but unemployment only affects the unemployed. We hear it from people: And we hear it from Nobel prize winners….

…I want to focus on unemployment and underemployment. Economist Gloria Sahm’s Rule, namely that when the 3-month average unemployment rate rises a half percentage point above the low of the prior…

…the Heritage Foundation’s estimate of 4% unemployment rate by 2015. In the above referenced article, I did unemployment math two different ways to show just how silly a 4% unemployment…

…level not by flexible wages which make unemployment zero, but by a monetary authority which targets a fixed unemployment level. However, the economy can also be in a bad situation…

…This means that when unemployment is decomposed by total unemployment = NAWRU + cyclical unemployment, the conditional distrubtion of the NAWRU depends on past NAWRU but is independent of current…

…of the proposal would require and agreed definition of “unemployment spending”. Is this unemployment insurance or unemployment insurance plus unemployment assistance ? How does one correct for a change whose…

…the prime age population surged, so on a secular basis did the unemployment rate. As the surge ended, the unemployment rate declined on a long term basis as well: With…

…horrible. First, in the teens there was high unemployment with no reduction in inflation, then in the 20s there was high unemployment and a large increase of inflation, then a…

by Kenneth Thomas US wages trail 10 OECD countries, but with higher unemployment than 9 of them Contra Eric Cantor, Labor Day celebrates the importance of labor and the labor…

…9.7% unemployment, isn’t it obvious that Congress is not “spending” enough? The chart illustrates the Nairu-implied level of unemployment (NAIRU, or the nonaccelerating inflation rate of unemployment) versus the measured…