One month after US job openings unexpectedly tumbled to an 18 month low, while the drop in the quits level confirmed the US labor market had cooled off substantially, moments ago the BLS reported that in October, there was a substantial rebound in the labor market.
...any meaningful property tax reduction, such as matching rates for neighboring states, would require reforms that our political establishment won’t consider...
"Chicago’s extraordinarily high fixed costs, coupled with its escalating pension liabilities, make it one of the cities least prepared for a near-term recession..."
"...deeper and more interesting questions are not whether new jobs will be created, but what is the pace that old jobs disappear and new jobs open up,"
Fixing state finances won’t be easy or inexpensive. But to delay the reckoning with pension costs and enormous public debts accomplishes nothing positive. Stalling makes everything worse, in fact...
54K manufacturing workers were added in November, the most in over two decades, or since 1998, as a result of about 41K GM striking workers returning to their jobs.
