What’s Really Ailing Employment: Lack of Demand

Many people blame America’s high unemployment rate on a mismatch between workers’ skills and the fields with open jobs. But jobs are scarce across all sectors. That means effective policies are needed to stimulate demand and re…

U.S. Manufacturing Output Rises 0.5%, the Most Since July

The nation’s factories continue to show signs that they will support economic growth in the immediate quarters ahead, as manufacturing output rose 0.5% in October — the sector’s biggest gain in three months — the Federal Reserve announced Tuesday.

…