Archive for the ‘New Posts’ Category

December jobs report: tight labor market sends black unemployment to historical lows

January 5th, 2018

Payrolls rose by 148,000 last month and the unemployment rate held steady at 4.1 percent. While the headline payroll number was below consensus, this is another solid report. Persistently strong job markets are most beneficial to the least advantaged—privileged types do well even in weaker markets—and the December unemployment rate for African-Americans fell to 6.8%,… Read more

For those seeking my smiling face on MSNBC…

January 3rd, 2018

For those looking for me on cable news… You’ll see less of me on MSNBC as, after a bunch of years, they decided not to renew my contract. Not sure why (feel free to complain to them!), but change happens, and I’m still a CNBC contributor, so you can see my talking head over there…. Read more

A few links, including a great, old, timely Pat Moynihan speech

December 30th, 2017

Over at WaPo: –I weigh in on the “will-the-tax-plan-help-or-hurt-the-R’s” debate. Lots of unknowables that will be known soon enough, but I suspect the plan’s largely negative first impression will persist. –Please, let’s avoid obfuscation. When politicians want to cut a program, do not let them get away with their favorite euphemisms, like “reform,” “fix,” “overhaul,”… Read more