Jeremy Waldron on Cass Sunstein

Paul Krugman on Labor Market Deterioration

Paul Krugman writes: "the labor market has gotten a lot worse over the past year, not just in the last few months."

Labor market deterioration - Paul Krugman - Op-Ed Columnist - New York Times Blog

This graph is U6: "Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers..."

Paul goes on:

Labor market deterioration - Paul Krugman: I've argued on many occasions that the official unemployment rate has been a poor guide to the reality of the labor market in recent years...