Would ‘Very High Taxes’ Keep Unemployment Rates Low?
As Labor Day draws to a close, we wait for unemployment data and ponder: is there a correlation between unemployment rates and taxes?
As Labor Day draws to a close, we wait for unemployment data and ponder: is there a correlation between unemployment rates and taxes?
The Department of Labor released its jobs report for June this week and the results weren’t pretty. Only 18,000 new jobs were created in June, representing 7,000 fewer jobs than detailed in a disappointing May report. The unemployment rate continued to climb, hitting a whopping 9.2%, giving June the undesirable distinction of the month with…