My new book - At the Brink: Will Obama Push Us Over the Edge? You can click on the above picture to be linked to Amazon.
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Goolsbee on jobs: 'One month is not a trend'
The "one month is not a trend" claim from Austan Goolsbee has gotten a little old. Unemployment has gone up for three straight months and there is a good chance that it will go up again tomorrow. If it does go up for four straight months, can we call that a trend?
March 8.8% April 9.0% May 9.1% June 9.2% July ???%
Amazed how lucky I am that I have had jobs where I could just think about whatever I wanted to think about. I have published over 90 articles in academic journals. I received my Ph.D. in economics from UCLA in 1984.