You don’t have to look far to find disconcerting news about the present economy. This AP story from one of our local papers lays out numbers that paint a vivid picture (emphasis mine): There were nearly 6.4 unemployed workers, on average, for each available job at the end of November, according to Labor Department data released Tuesday. That’s up from 6.1 in October, and a record high. There were 1.7 jobless people for each opening in December 2007, when the recession began. Job openings fell sharply to 2.42 million in November from 2.57 million in October, according to the department’s Job Openings and Labor Turnover Survey. That may sound like… Read More
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