Mises Wire
Author:
Robert P. Murphy
Online Publish Date:
Listen to the Audio Mises Wire version of this article. The latest report on new unemployment claims was abysmal, coming in at 4.4 million last week, some 100,000 more than surveyed economists had expected. The continuous claims came in at just under 16 million, an all-time record. Mainstream labor economists estimate that, all things considered,