Labor market conditions are similar in regions that are near each other. This is called positive spatial correlation.
A new workplace report is saying the quiet part out loud—most Americans do not hold quality jobs. Only 40% of U.S. workers ...
What a surprise spike in the unemployment rate means for interest rates and the economy The rate of unemployment in Australia is on the rise again. Official labour force data released on Thursday ...
Ultimately, social security should not remain a privilege for the few formally employed Ugandans. It should be a national ...
The Utah senator said he was surprised when his amendment, which he believed had broad bipartisan support, was shot down ...
The CEOs of American banks are sounding the alarm. Goldman Sachs, JPMorgan Chase and Citigroup reported earnings yesterday ...
An irate President Trump threatened "massive tariffs" (100%) on China and threatened to pull out of the APEC meeting later ...
"'We as a country have done a poor job equipping our children for life," Arkeem Sturgis tells Fortune. Some people "want to ...
The mayor of the Liverpool City Region has unveiled a 10-year plan to create tens of thousands of jobs and add £10bn to the ...

The Lesson of 1929

But all of that lay ahead on Tuesday, October 29, 1929—a day that the economist John Kenneth Galbraith would later describe ...