Friday, April 3, 2015

Job market still terrible


BLS report shows that employers added only 126,000 workers in March, and the rate of unemployment remained at 5.5%. Labor force participation and employment population ratio basically unchanged. I want to see how inflation hawks are going to spin the need for raising the rate of interest now.

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Surplus approach, Historical Materialism, and precapitalist economies:

New Paper by Sergio Cesaratto on a topic closely related to what he has discussed here before. From the abstract: In the classical economis...