One should be cautious when considering unemployment rates as an indication of the Nation's economic strength. As Nitti points out, that rate only represents a certain type of calculation. Our Nation's economy has been evolving into a service economy for decades now and it is very sensitive to other variables. Also, companies are evolving also and their structural changes are having a large impact.


"Generosity. That was my first mistake."
"Experience must be our only guide; reason may mislead us."
"Instagram is Twitter for people who can't read."