My colleague Michael Linden put out a new report this week where he makes the case that we need “reset” our national budget debate. That’s a good idea. I want to point readers to the conclusions Michael lists on the pain that austerity has caused in the US and abroad: The key argument that high […]
Tag Archives: jobs
Here’s my column on today’s jobs numbers. Not impressive.
In a reversal of recent trends, today’s new data from the U.S. Bureau of Labor Statistics show that employers have cut back sharply on hiring. Government cutbacks have already been slowing our nation’s economic growth and are now actively pulling employment downward, but the worst may be yet to come. The sharp across-the-board cuts in […]
Nice bump up in jobs this months — 236,000 new jobs — but the sequester just went into effect a few days ago. So, while things are looking good today, Congress is at it again, trying to stifle job creation in the months come. Watch for falling employment in federal jobs first, but also contracting […]