Relevant and even prescient commentary on news, politics and the economy.

Scenes from the jobs report 2: unemployment rate and consumption: weak, but not recessionary

Scenes from the jobs report 2: the unemployment rate and consumption: weak, but not recessionary  – by New Deal democrat Yesterday I looked at some employment metrics from Friday’s jobs report. Today let’s look at un- (and under-) employment. Every Thursday I repeat the mantra that jobless claims lead the unemployment rate. Here are both […]