The Curious Case of New Jersey Job Numbers

    Jim Geraghty wonders how the state of New Jersey can so consistently produce a rosy assessment of the state’s unemployment situation, only to be forced to correct themselves later: As noted for much of the year, the Garden State’s economy is in rough, rough shape, with unemployment high and climbing. But the state has found some surprisingly good data on private-sector job creation, and those | Read More »

    Latest Stimulus Idea: Keeping People in School, Out of Workforce

    Clearly I need to hit the econ books again. I would have thought that spending $250 billion on state education systems over the next few years would contribute to a reduction in overall economic growth, as opposed to an increase. It seems that many states are encountering budget trouble, and are being forced to consider cuts that would force students to forego higher education, in | Read More »