Archive for December 7th, 2012

Don’t Worry About Unemployment Anymore

Rest easy everyone, the noted economist Felix Salmon has pronounced the “employment emergency” over.   This is the US unemployment rate, from Calculated Risk. Today’s jobs report was a very positive one: not only did job creation exceed all expectations, but unemployment fell too, to 7.7%. For the first time, the unemployment rate is lower than it was [...]

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