The Latest

August Jobs Report

Today’s jobs report was a disappointment, to be sure. Initial claims for unemployment insurance have trended steadily down, but hiring continues to be so weak that the jobs picture can’t ...

Jobs: Not as Bad as It Looks

There has been so much good economic news dribbling in recently that most economists were expecting today’s jobs report to reveal that at least 200,000 jobs were added in March. ...

Fiscal Fog and the Jobs Report

Today’s jobs report indicates that the cautious pace of hiring that has been the recent trend continued through the end of the year. The consensus forecast of 150,000 jobs almost ...

A Solid Jobs Report, but Firms Are Wary

The news today that the economy added 146,000 jobs in November suggests that the solid-but-not-spectacular job market continues to provide a positive foundation for the economy as a whole. We ...

Jobs Growth Stagnates Again

This morning’s jobs report reveals that the better than expected July increase was nothing more than a blip. The economy has been slogging along at about the same pace since ...

Abyss Ahead?

Today’s jobs number are so weak that financial-market participants are beginning to see another abyss in our future. One big factor is the extent to which the European economies are ...

Uncertainty Dampens GDP Growth

In the last issue of National Review, I discussed a fascinating new paper that indicated that policy uncertainty dramatically reduced GDP and employment growth over the last few years. The ...

Responding to Krugman and Sullivan

A few friends have pointed out to me that some on the left have become unhinged by my short two-paragraph blog post about the employment report. This observation seems highly ...