Americans staying put
There are certain things that people say that sound so true that others repeat them credulously without feeling the need to cite evidence. Two covid-era favorites: everybody’s working from home (WFH). And people have decamped en masse for the hinterlands, thanks to WFH. Neither is really true. I wrote about the slim WFH numbers in September. In July, which was the most recent month available then, 13.2% of the employed were teleworking, the Bureau of Labor Statistics’ favored term. In October, that had fallen to 11.6% (graph below). Their ranks were still… Read More
LBO 132 out
Just emailed to electronic subscribers, and on press for print subscribers, LBO #132. bouncing around the income ladder: U.S. not so mobile education spending & enrollment: U.S. not so good MONEY The austerity drive intensifies MISCELLANY mythmaking about (un)employment If you don’t subscribe, well, why not? Subscribe here. If you already subscribe, why not give a gift?