Where the Climate Buck Stops
Climate superfunds are a sensible way to put some of the costs back where they belong, but we’ll get them only if the public demands them.
Bad as the December unemployment numbers are, if you include temporary workers and discouraged workers, the situation is far worse. Hat-tip to Larry Peterson for the links that follow the WSJ excerpt.
Jobless Rate Surges to 7.2% in December
Read the rest of the article.
From Across the Curve:
HSBC on the Labor Report
And this from Brad DeLong:
And U-6--unemployed plus discouraged workers plus unable to fond a full-time job--is now at 13.5% of the labor force--and BLS "discouraged workers" are a big undercount of the concept...