Category Archives: Unemployment

September’s job report has just been released, with the official unemployment rate dropping from 8.1% to 7.8%. Media pundits are declaring this news as a significant victory for the Obama administration. Others, like former General Electrics CEO Jack Welch, believe … Continue reading →

“Fantasic!” “The economy is improving…” This is the type of stuff you hear from the talking heads on television when reporting about a “lower” unemployment rate. Question of the day: How many different measures of unemployment does the government publish? … Continue reading →