All Commentary
Friday, April 3, 2009

Unemployment Reaches 8.5 Percent


“The nation’s unemployment rate jumped to 8.5% in March, the highest since late 1983, as a wide range of employers eliminated a total of 663,000 jobs.” (USA Today, Friday)

Imagine how bad it would be without the “stimulus.”

FEE Timely Classic
“Wages, Unemployment, and Inflation” by Ludwig von Mises


  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.