What Do You Do With 300K Discouraged Workers?

    We have a new jobless report, and it’s the good, the bad and the ugly.

    Only 9% Are Unemployed! (But The Other ½ Million Are Screwed)

    “There is a very conflicting story being told by the data, as the falling jobless rate shrouds what is a still challenging labour market,” said Jim Baird, chief investment strategist for Plante Moran Financial Advisors. “Overall job creation remains very disappointing, despite the positive signs that the broad economy is once again picking up steam.” (HT: FT.com) I have no doubts that Jim Baird is | Read More »