Mark Lieberman twitter/foxeconomics

The Truth About Unemployment Numbers

You should be following emlployment / unemployment reports on Fox Business Network. We regularly not the widening gap between those collecting benefits (including extended benefits) and those reported as unemployed by BLS. That gap is now over 5 million.
The other concern is the impact on businesses who contribute to unemployment insurance funds. Those contributions are based on experience factors (the number of former employees collecting benfits) and could mean employers will be making higher contributions long after a labor recovery -- on a greater number of employees.

Summer Gas Tax Holiday: A Puzzling Idea

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