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Nancy Folbre is an economic professor at the University of Massachusetts and by all-accounts, she is one smart cookie. Case in point, she did a report on “The Polarization of Job Opportunities in the US Labor Market” that said (among other things) that “Employment growth is ‘polarizing’ into relatively high-skill, high-wage jobs and low-skill, low-wage [...]

After a brief retreat in June, the economy is showing broad improvements in the condition, behavior and expectations of consumers, according to Consumer Reports Index for July. The Consumer Reports Employment Index numbers show job creation increased to 51.1, its highest level since April 2009. The Employment Index has pointed to employment growth in three of the last four months.

The Employee Confidence Index dropped 1.0 points to 51.6 in June. The Index, which measures workers’ confidence in their personal employment situation and optimism in the economic environment, decreased as a result of more workers being concerned with the strength of the economy.