Today’s jobs report tells most Americans already what they already know: We’re still mired in joblessness. But Imara Jones argues we should really fear the larger problem: There remains no plan for getting unstuck.
Mitt Romney and President Obama have slugged it out over the Detroit bailout. It’s clear at this point that the bailout revived the auto industry. But thus far, it’s not been enough to heal the most ailing part of Michigan’s economy: black employment.
January saw a remarkable three-point drop in black joblessness. Economists are skeptical it’s real. But why? Put on your data nerd hat, because we’ve got the explanation.