A Quick and Easy Look at Real Unemployment Numbers

While the headlines tell us the monthly unemployment rate, we can look at other numbers in the report to get the whole story.

Problems With the Unemployment Rate

Almost everyone is saying the unemployment rate is a problem. At 6.6% and with job creation at 113,000, the numbers reflect a troubled jobs market. The problem, though, might be the statistic. We began collecting employment statistics during the 1880s.…

Election Economics: More of the Jobs Story

Here are some jobs facts that might be helpful when you listen to the candidates. During 1933, the unemployment rate was a cataclysmic 24.9%. Having entered office that year, FDR was re-elected in 1936 with unemployment still soaring but better…