The latest Economic Situation new release from BLS suggest the economic might take a while before getting to 9.0%.
Government statisticians say the unemployment rate fell by 0.4 percentage point to 9.4 percent in December, and nonfarm payroll employment increased by 103,000. Employment rose in leisure and hospitality and in health care but was little changed in other major industries.
Here is an interesting an interesting website about government statistics. The siteis maintained by John Williams.
Paper reactors and paper tigers
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(I wrote this piece a week or so ago, meant to do a bit more work but
haven’t got around to it. Hence slightly dated allusions) The culmination
of Donald T...
1 day ago
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