A Little Better Now—But What about the Future?   The January 2026 Jobs Report

By Frank Stricker Feburary 23, 2026 There was not much change from December in many of the January numbers in the Bureau of Labor Statistics’ Unemployment Situation for January, or in the National Jobs for All Network’s estimation of total real unemployment. Some groups experienced slight improvements. In the government report, the unemployment rate was… Read More A Little Better Now—But What about the Future?   The January 2026 Jobs Report

The Poverty Numbers in 2021: Is There A Better Way to Count Poverty?

By FRANK STRICKER In the poverty report for 2021, released on September 13, there was some good news. The official poverty rate stood at 11.6% of the population. That was essentially the same as the rate (11.5%) in 2020. Amazingly, it was just a little higher than in 2019, the last pre-pandemic year. So poverty… Read More The Poverty Numbers in 2021: Is There A Better Way to Count Poverty?

Raising Interest Rates Is the Wrong Medicine for Today’s Inflation

By L. Randall Wray The mainstream consensus is that slow economic growth is a supply-side problem while inflation is a demand-side problem. In the run-up to the COVID downturn, the media’s favorite economist, Larry Summers, warned of long-term secular stagnation. Pundits attributed this to a variety of supply-side factors, including slow growth of the labor… Read More Raising Interest Rates Is the Wrong Medicine for Today’s Inflation