The New Jobs Report: Ooof
June 01, 2012
The new jobs report is out and it’s not good at all. It may not suggest the economy is slowing down, at least according to the economists I’ve consulted and read. But it certainly suggests the economy wasn’t growing as fast as we thought. And it’s not like anybody thought it was growing that fast in the first place. The Bureau of Labor Statistics announced Friday morning that the economy created just 69,000 jobs last month. It also revised its estimate for April, down to 77,000 from 115,000. Unemployment has gone up a tenth of a percentage point, to 8.2 percent.
The Blind Spot in Romney's Economic Plan
April 29, 2012
Editor's Note: Today TNR begins a series of items examining the details of Governor Mitt Romney's policy agenda. First up is the economy—specifically, how Romney proposes to boost growth and employment. Later installments will look more closely at Romney's plans to change the tax code and his ideas about organized labor, as well as other proposals including health care and energy. Will anybody pay attention to policy quesitons like these? We hope so. Substance doesn't always get the attention it should in presidential campaigns.
Obama's Wacky, Possibly Immoral, Possibly Brilliant Jobs Proposal
September 14, 2011
[Guest post by Matt O'Brien] Last week, as the Obama administration rolled out its American Jobs Act, a liberal group called the Progressive Change Campaign Committee launched a strange ad campaign of its own: “[Obama economic advisor] Jason Furman wants you to work for free,” the ads blasted.