Still Shedding Jobs

Today's employment report from the BLS shows that we are still shedding jobs (only 85,000 this month, though; woo-hoo!). The unemployment rate remains 10%. Graphs like this one (from Calculated Risk) help make clear why some folks call the the Great Recession. You can see that the employment-population ratio hasn't been this low since 1983. This is most likely not because people are opting for more leisure.

Update:Here's a link to the BLS employment report.

For 6 million Americans, Food Stamps are Their Only Income

In The Safety Net - Living on Nothing but Food Stamps, we learn that: "About six million Americans receiving food stamps report they have no other income, according to an analysis of state data collected by The New York Times." Oy.

H/t Brad DeLong

Jonathan Cohn Breaks Down HCR's Savings for Families

Right here: The Senate Bill Saves Families Money.

h/t Ezra Klein

Tab Dump

• CBO Score for Kerry-Boxer Cap and Trade legislation


• Samuelson, 1958


• Ubuntu GUI backup utility


• Angry Bear on Taxes and Spending


• IMF on Climate Change


• Tom Friedman: Amoral idiot

The Real Deal on Cap and Trade

In New Deal for U.S. Climate Policy? at The Baseline Scenario, Jim Boyce outlines the Cantwell-Collins CLEAR (Carbon Limits and Energy for America’s Renewal) Act, a superior alternative to the cap and trade portion of the Waxman-Markey (ACES) act that passed the House earlier this year.

See this post for more.

Mankiw brings the funny

By pointing us to Colbert on the Fed. Thanks, Greg!

Royal Society publishes classic papers online

The Royal Society's Trailblazing website has classic papers from its history, dating back to 1666. You can read scanned pdfs of the originals. I just read Newton's "Theory on Lights and Colours" from 1672. Amazing!

(h/t BoingBoing)