Fewer Americans filed applications for unemployment benefits last week, a sign employers are holding the line on firings even as cold weather slowed industries from manufacturing to housing. Jobless claims declined by 3,000 to 336,000 in the week ended Feb. 15, a Labor Department report showed today in Washington. The median forecast of 53 economists … Continue reading
Conservatives should see that there is a role for macroeconomic stimulus in getting the labor market back on its feet. Some limited, targeted, and independently beneficial federal spending can help increase long-term growth and mobility. And monetary policy with its eye on enabling growth can make a big difference. While such efforts can help establish … Continue reading
U.S. mobility for young adults has fallen to the lowest level in more than 50 years as cash-strapped 20-somethings shun home-buying and refrain from major moves in a weak job market Continue reading