It has been reported that the unemployment rate dropped to 8.6% in November.
This sounds great, but it's only because 310,000 people gave up on looking for work.
While any drop in unemployment is welcome, it is still unacceptable.
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1 comment:
If you want to understand what caused this recession and how it could have been prevented, you might read some of the market monetarist blogs.
http://www.themoneyillusion.com/
http://thefaintofheart.wordpress.com/
http://macromarketmusings.blogspot.com/
http://marketmonetarist.com/
http://uneasymoney.com/
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