About Economics: The November Jobs Report and the 12 Days of Xmas...

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From Jodi Beggs, your Guide to Economics
Hi all,
The good news is that the unemployment rate is decreasing right in time for the holidays. The bad news is that the 12 days of Christmas items got 7 percent more expensive this year. :)
Cheers,
Jodi

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The November Jobs Report...
The Bureau of Labor Statistics reports that the unemployment rate decreased in November to 7 percent- a decrease of 0.3 percentage points. Apparently unemployment numbers are one of the... Read more

The Obligatory Twelve Days of Christmas Inflation Post...
This year, buying the twelve days of Christmas will set you back about $114,000. ... Read more

Some More Award-Winning Economists to Check Out...
In the most recent round of awards, President Obama gave behavioral economist Daniel Kahneman the Presidential Medal of Freedom. You can read more about the ceremony and Kahneman's work... Read more

Economists: I Guess Companies Aren't as Smart as We Thought...
Economists obviously understand a lot about profit maximization and incentives, so it's not unreasonable that they would be careful to think about how companies and individuals would find loopholes in... Read more


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