GENE HEALY: Take Me Down To The Parasite City. Have you seen the latest jobs report? Major buzzkill: creeping unemployment, anemic growth, and the recovery’s totally stalled. But not here: The District is booming! “Washington may have the healthiest economy of any major metropolitan area in the country,” says New York Times D.C. bureau chief [...]
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Recovery Summer II is looking an awful lot like the original. The Labor Department will release May jobs data in Washington Friday, but ahead of that, private payroll firm ADP reports fewer than expected new jobs in May. The company... Read Post
Ahead of today's jobs report, Joseph Stiglitz is calling for a second stimulus to fight the unemployment problem in the U.S. Stiglitz, speaking to Bloomberg TV, called the recovery "anemic" and said: The recovery is so weak that it ... Read Post