Commodity Trade Mantra

Posts Tagged ‘Rate of Unemployment’

Jobs Market: The True U.S. Rate of Unemployment is 23.2%

Dearth of jobs resulted in Americans giving up looking for non-existent jobs and thus ceased being counted in the labor force. The 6.2% US unemployment rate is misleading as it excludes discouraged workers who have given up and left the labor force because there are no jobs to be found.

How to Start Reforming the Federal Reserve Right Now

Inputs into the newly introduced so-called “Taylor Rule” to reform the Federal Reserve, involve key magnitudes such as “neutral rate of interest”, “the natural rate of unemployment” & “targeted rate of inflation.” Republicans by now should have realized, monetary reform should first involve jettisoning neo-Keynesian economics.

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