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November 2012

Nation has impediments to economic growth

In my last column, I analyzed why headline data showing significant job growth might be misleading without a deep analysis of the underlying data. The fact is, the economy cannot grow without a healthy consumer, and the consumer cannot become healthy without a robust job market. This is common sense. The accompanying table sheds a lot of light on the health of those labor markets. From July 2009 to September …Read More