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Gov't can provide quality service while saving taxpayers money.


A plan for balancing the Kansas state budget

Kansas Policy Institute President Dave Trabert presents KPI's plan to balance the state's budget without service reductions or tax increases. Trabert spoke a...
Thu, 18 Dec 2014 17:34:52 +0000
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Another reason to watch Seinfeld reruns. Economics lessons taken directly from the "show about nothing." http://yadayadayadaecon.com/clip/67/


The Soup Nazi (The Economics of Seinfeld)
yadayadayadaecon.com
The Soup Nazi makes delicious soup—so good there's always a line outside his shop. He refuses service to Elaine, and by a stroke of luck she comes across his stash of soup recipes. She visits his shop and informs him that his soup monopoly is broken, while waving his recipes in his face. Also in thi…
Wed, 03 Dec 2014 16:15:10 +0000
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Happy Thanksgiving and a hearty huzzah for property rights. https://www.youtube.com/watch?v=66QdQErc8JQ


The Pilgrims and Property Rights: How our ancestors got fat & happy

The Pilgrims founded their colony at Plymouth Plantation in December 1620 and promptly started dying off in droves. As the colony's early governor, William B...
Tue, 25 Nov 2014 16:14:47 +0000
Last Refreshed 12/19/2014 7:00:43 AM
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Taking a Closer Look at the September Unemployment Rate
Posted by Todd Davidson on Friday, October 19, 2012

The Kansas Department of Labor just announced the September unemployment rate was 5.9%.  Nearly a full percentage point below the September 2011 rate of 6.7%.

A closer look at the Bureau of Labor Statistics household survey shows that the drop did not come from higher employment.  7,819 fewer Kansans were employed in September 2012 than in September 2011.  The unemployment rate is lower because over 12,000 unemployed Kansans dropped out of the labor force over the last year.

  


 

Comments:     
Posted by Guest on Thursday, November 1, 2012
I'm asking what happened to these people. Did they die, move away or just become ineligible for unemployment benefits?

Posted by Guest on Thursday, November 1, 2012
I wish we could answer this question. The short answer is the BLS considers anyone who has not looked for work within the past 12 weeks to be out of the labor force but does not speculate as to what happened to the drop outs.

For a detailed and lengthy explanation of the unemployment rate calculation check out: http://www.bls.gov/opub/gp/laugp.htm#introduction

Todd Davidson

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