California’s Train To Nowhere

April 20, 2012

Rather than confront its many real problems, California fixates on a fast train to nowhere.

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How To Make Help-Wanted Ads Disappear

September 28, 2011

The latest stimulus bill won’t do much to reduce unemployment, but it can still help you – if you are a lawyer or headhunter.

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The President’s Pre-Game Show

September 7, 2011

How the president became the NFL’s pre-game show.

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The Company Men, Doing Their Best

August 12, 2011

“The Company Men” takes a good look at corporate life in modern America, and it isn’t presented in black and white.

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Time To Put Unemployment Front And Center

August 9, 2011

Unemployment here is not much better than in Spain. If we don’t act soon, two generations of workers may be lost.

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Teenagers Face A Jobless Summer

August 3, 2011

With school out for the summer, teens are finding all sorts of ways to forget what they learned during the year. But less than a quarter of older teens are putting their time off to its traditional use by temporarily trading report cards for paychecks.

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A Case Of Stagflation

June 6, 2011

For those of you too young to have been exposed to the economic disease of stagflation, I can confirm this is what an incipient, thus-far mild case looks and feels like. You are not going to enjoy it. Stagflation is a combination of uncomfortably high inflation and uncomfortably high unemployment. It is not the same as recession, in which economic output actually shrinks, and often so does the total number …

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Disabled By The Economy?

June 1, 2011

A lot of people are sick of bad economic news, but can a bad economy make people so sick they are actually unable to work? Like many politicians and executives, I tend to be cynical when I search for a link between rising unemployment rates and rising disability claims. Yet there certainly is some sort of connection. The Social Security Administration received 1.8 million more new claims in 2009 than …

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Where Will Tomorrow’s Workers Come From?

February 18, 2011

With the unemployment rate still coming down from its double-digit heights, few people in the U.S. are talking about what may be one of the biggest economic problems in our future: a labor shortage. In fact, however, one of the main reasons the unemployment rate has fallen faster than many analysts predicted is that the number of people seeking work has declined. Bloomberg recently reported that overall participation in the …

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Paying People Not To Work

January 27, 2011

To economists and the business-savvy elements of the public, the recent recession is history. But some who lost their jobs more than a year ago are still sitting at home — and getting paid to do so. In 25 states workers are able to collect unemployment benefits for 99 weeks, thanks to emergency measures enacted by Washington after the widespread layoffs and job losses in 2008 and 2009. Ordinarily, unemployed …

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