The national unemployment rate ticked down slightly in March, but it’s not exactly attributable to jobs gains. Rather, it’s because the labor participation rate continues to be in the basement: “The unemployment rate dropped because of a further decline in the labor force participation rate, now at its lowest level since 1979,” writes economist James…
Guest Post: North Dakota's Overbuilt Hotel Industry A Separate Conversation From Permanent Housing
Recently, I read an article on SayAnythingBlog.com that was full of consternation over whether North Dakota is inflating its own “housing bubble” via the Housing Incentive Fund (HIF). The article cited a story about the number of hotels in Minot and worried that supply for all types of housing would soon outstrip demand. North Dakota…