For the Virtual Green Room: June 3, 2011
Noahpinion on the Ongoing Intellectual Collapse of the Chicago School...

Can We Haz QE III Now, Pleeze?

Greg Robb:

May jobs growth slows to 54,000, a nine-month low: In disappointing news for the White House, Wall Street and Main Street, U.S. job gains slowed to a crawl in May and the unemployment rate moved higher, the Labor Department estimated Friday. Nonfarm payrolls rose by a seasonally adjusted 54,000 in May. This is the smallest gain since September and a fraction of the 125,000 jobs expected by economists polled by MarketWatch...

The civilian adult employment-to-population ratio remains at 58.4%: we have no labor-market recovery.