Friday, May 2, 2014

Worse than Benghazi--the Labor Report

++April numbers are in and the economy created 288,000 jobs and the unemployment rate dropped from 6.7 to 6.3%. 

++If the infrastructure bill and the jobs bill had passed, unemployment would be less than 5% right now and we would be at full employment according to the old models.

++The negative of this report is that there is absolutely no incentive for Republicans to pass the extended unemployment insurance that affects 2.3 million people and absolutely no pressure to pass the minimum wage hike.

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