Workers Cost More – Produce Less
US productivity falls in spring, labor costs rise. Worker productivity in the United States fell this spring more quickly than previously estimated while labor costs were rising at a faster clip. Both developments could pose threats to a fragile economic recovery.
Labor Department Uses Sleight of Hand to Improve Job Numbers
Alan Tonelson looks at the sleight of hand the government is using to make people think the job numbers are actually better than than are: As bad as the U.S. employment picture looks, the official Labor Department figures understate the magnitude of the crisis. Creating private-sector jobs — not adding to government payrolls — is [...]
Trade in Our SUVs? Can We Trade In Our President Instead?
The economy must be doing pretty well in President Obama’s imagination. He thinks you should trade in your SUVs and buy hybrid minivans. Amy Holmes, Kristen Soltis and Katie Pavlich expose a couple of the President’s favorite little tricks.