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Nine Point Eight! Are You Convinced Yet?

“President Obama had scheduled a speech about the economy this morning, but instead he went to Afghanistan.”[1] No wonder. If I was president I wouldn’t want to be in the country today either.

Today the November labor market report was released. The, um, highlight was the unemployment rate: 9.8%. Corporate profits are soaring and the economy is growing, albeit slowly. So where are the jobs? Continue Reading →