Jill Richardson – A Healthy Way to Build Communities

Mark Winne, an author and anti-hunger activist, often says that the most important word in “community garden” isn’t “garden.” I saw this firsthand not long ago. Standing in the sun between several small garden plots all morning, it may not have looked like much was going on. A few people stood in a circle, chatting. Occasionally, one would leave, or …

Economic Update – Honest Economics – 04.19.15

Updates on Bernanke’s new big-bucks finance job, GM avoids billions in victims’ claims for faulty ignitions, Seattle capitalist raises all workers to minimum $70k/yr, Americans’ self-delusion on inequality, private profit trumps public policy, and anti-student-debt activism. Responses to listeners: impact on China if capitalism’s relocation stopped. Major discussions of economics of wages and prices, narrowness of economics education, and basic global economic development issue.

Real U.S. Unemployment Rate at 23.2%, not 5.5%

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers. The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) …