Unemployment Rate Unmoved in February
MARCH 09, 2012
“U.S. employers added 227,000 jobs in February to complete three of the best months of hiring since the recession began. The unemployment rate was unchanged, largely because more people streamed into the work force.” (Associated Press)
As Robert Higgs notes, labor-force growth is in a stall.
FEE Timely Classic
“Inflation and Unemployment” by Hans F. Sennholz