MinnEcon Blog

Teenage wasteland?
From chief economics correspondent Chris Farrell What a miserable start to the long Labor Day weekend, our yearly national tribute to the American worker. Federal statisticians reported that the nation lost 54,000 jobs in August and the unemployment rate rose a fraction to 9.6 percent. The government’s broadest measure of unemployment-and-underemployment-and-marginal-employment also increased to 16.7…