By FRANK STRICKER There was bad news about the economy in April. However, some of the bad news was really about the good news that the economy is opening up, and people and businesses wanted to buy more stuff. Let’s look at the details. Higher Inflation The consumer price index (CPI) rose 0.8 percent in… Read More Inflation Threat: How Bad Are Recent Job and Inflation Reports?
by Helen Ginsburg, Professor of Economics Emerita, Brooklyn College of the City of New York and Executive Committee, National Jobs for All Coalition Full employment is an elusive term that reflects divergent concepts, values and power relations (Ginsburg, 1991; Gross, 1991; Nixon, 1973). Though concepts overlap, two main strands are discernible. One emphasizes enhanced human… Read More What is Full Employment?*