College and the job market

Can a poor job market cause rising college attendance? Of course. Especially when financial aid is easy to find. If someone can’t find a job but can easily finance an education that improves their value in the job market, they’ll be more likely (on the margin) to go back to school and put off their job…More

God Blessed Texas

Here’s an interesting chart from AEI‘s Mark Perry. Another highlight from the piece: The other 49 states and the District of Columbia together employ about 275,000 fewer Americans than at the start of the recession seven years ago, while the Lone Star State has added more than 1.25 million payroll jobs and more than 190,000 non-payroll jobs…More

Jobs report gains, LFPR loses

MarketWatch is reporting that the U.S. economy added 288,000 jobs in April. Numbers for February and March were both adjusted up based on new data. The unemployment rate is now 6.3% — lowest since September 2008. I’ve written before that the Fed had turned reports like this into red flags for markets. Investors feared an end to stimulus more…More