Despite near-record low unemployment and a record number of open jobs, the number of able-bodied adults on food stamps remains at a near-record 21 million.
For all the caterwauling about our ‘do-nothing Congress,’ the Republican majority’s refusal to go along with economically flawed proposals may have saved the job market.
If you take labor force dropouts into account, the U.S. unemployment rate picture is a lot uglier than it appears.
While politicos obsess about who controls the Senate, Americans worry about jobs and our economy. The Right should take advantage.
While it’s good news that the economy added more jobs last month, the unemployment rate picture is still worse than it looks due to labor force dropouts.
What would today’s unemployment rate look like if the economy had the same labor force participation rate as it did when the recession ended in 2009?
Most evidence suggests that while demographics aren’t completely irrelevant, the American economy is currently facing a jobs crisis, not a demographic one.
The unemployment rate may be dropping, but the real story behind that drop is much more depressing than you think.
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