Reader Comments

Patrick R. Sullivan

May 26, 2005 10:36 AM

"DeLong is firing back, saying that he would have expected the duration of unemployment to have fallen more..."

Which concedes that Antler is correct, and Krugman is wrong. Krugman is also wrong that people lose their jobs more often now. I've graphed that from 1967 to today at my blog (click on my name to see it)

Michael Mandel

June 5, 2005 10:11 PM

Thanks, Patrick. I've looked at this myself, and I think that all things being equal, it looks like there is somewhat more employment risk.

Thank you for your interest. This blog is no longer active.



Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.

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