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The jobs report: Don’t break out the champagne

Robert Reich, professor of public policy | December 5, 2011

In brief: The Bureau of Labor Statistics’ household survey shows unemployment at 8.6 percent, and the payroll survey shows 120,000 new jobs in November (140,000 from the private sector, and a loss of 20,000 in the public sector). BLS also revised upward its job numbers for September and October. What does it mean? We’re not … Continue reading »

History’s lessons for the European debt crisis

Stephen Gross, former lecturer, International & Area Studies | July 26, 2011

The countries of Europe currently stand at a fork in the road: do they continue along the path toward a single European economic space, or do they begin unraveling the transnational experiment in integration inaugurated in the wake of the Second World War? The former could mean the establishment of a unified fiscal policy, including … Continue reading »