Friday, May 8, 2015

Labor market results

Grading finals. Very slow posting. BLS published the Employment Situation Summary and labor markets suggest that the slow recovery continues. A bit more than 220k jobs created in April, and the unemployment at 5.4%. Wages still basically stagnant.

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More on MMT in the Tropics: or Can exchange rate instability, and zero interest rates, guarantee prosperity in the periphery?

  Lance Taylor, Wynne Godley and myself in March 1999 Back in the 1990s (from late 1996 to early 1999 to be precise), I worked for Wynne Go...