1. The recent stats showed the size of the US unemployment insurance rolls falling from the previous month. The pundits saw this as a sign of possible recovery, perhaps later this year. But: to what extent is the fall in the number of UI recipients simply the result of (1) the surge of the unemployment insurance rolls about 6 months ago and (2) the fact that in a lot of states, UI payments end six months after they start?
2. I heard Larry Summers' interview on U.S. National Public Radio yesterday. He sounded tipsy. Is this the way he normally sounds? (He seemed to avoid Robert Seagal's questions, always steering the discussion toward the proposed Consumer Financial Protection Agency, while he did admit that the Fed sees the promotion of bank profits as central.) -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
