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Crying is all right in its way while it lasts. But you have to stop sooner or later, and then... – C.S. Lewis (The Silver Chair, ch 2)

Archive: November 07, 2003

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Daily link icon Friday, November 7, 2003

Jobless recovery my butt!

Jobless recovery my butt. Woo. I didn't realize that the numbers for September had been revised up so far.

But even if the recovery was "jobless" for a little while, that wouldn't even be so bad. In fact, (and I've been saying this myself, though not necessarily on my blog), in many ways it can be a good thing if companies work with fewer employees. Productivity goes up. Though, Scott's right, and I hadn't really thought about the effects of having slightly less than full employment, for a stretch, on the creation of new businesses.

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