Mises Daily
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
Official data are starting to reveal what close observers have suspected for some time. Layoffs are increasing. Unemployment is on the rise. It now stands at a four-year high of 5.7 percent, which is not high by historical standards, but it stings when you consider that the rate dipped below 4 percent in the late 1990s. What worries people is the