Misery Index

In the world of Nick Coleman, the Twin Cities are a morass of misery; huddled masses of the poor, chivvied into shivering, hungry action by a smug, self-satisfied clacque of "Big Cheeses".

And yet, the media is talking about full employment:

The unemployment rate for Minnesota for the last 25 years is 4.8 percent and for the last decade, 3.7 percent. In the last decade, the rate has been less than 2.6 percent in only one month out of 10. If we are not at "full employment" by historic standards, we are getting close to it.

Good news for most of us, anyway.

Posted by Mitch at November 18, 2004 06:53 AM | TrackBack