The Good News About the Surprisingly Bad Jobs Market

Car manufacturing is a bright spot in the weak jobs market (Photo: Mike Cassese/REUTERS)

Judging by the unemployment rate alone, the jobs market is the hottest it has been in 50 years. In January, the percentage of people looking for work who couldn’t find jobs dropped to 9%. That was down from 9.4% in December and 9.8% the month …

Is Inflation Good for the Economy?

(Photo: Getty Images)

The Federal Reserve has come under a lot of heat in the past few months for its plan to flood the market with cash by buying $600 billion of US Treasury bonds. The main criticism is that it will cause inflation. And indeed, the United Nations on Thursday said its monthly food price index had reached an all time …

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