The Department of Labor announced today that the official unemployment rate fell to 5.5 percent last month, the lowest it’s been since Spring of 2008. Good news, right? Well, kind of. The official unemployment rate masks a problem that’s been plaguing the economy since shortly before the 2009 recession: a continuing decline in the labor force participation rate, which basically measures the percentage of the able-bodied population that’s either working or looking for work. After holding steady at roughly 66 percent from 2004 through late 2008, the labor force participation has been falling, and falling, and falling some more, with no end in sight.
Here’s what the conservative immigration reform plan should actually be. That Donald Trump has said something incoherent is not remarkable. But even for a campaign that has largely substituted adjectives […]
The Republican presidential field gathered tonight for the first official debate of the 2016 presidential election. The Republican presidential field gathered tonight for the first official debate of the 2016 […]
The 2016 primaries are in full momentum following months of build-up, officially kicking off on Thursday night in prime-time as the ten leading Republican candidates squared off for the first […]
Brendan Bordelon’s report on Hillary Clinton’s potential criminal exposure relies on some legal analysis that is, at the very least, incomplete. The report leaps from a false premise I have […]