"While I am happy to see this administration address the dire need for parental leave in this country, the realities of dropping a six-week-old baby off at daycare prove this policy to be sorely inadequate. Almost every country around the world has found ways of making parental leave the priority it should be for their people, with up to a year off and more, and for good reason — the benefits to kids and to society are immeasurable.
The unemployment rate has been at or under 5 percent for 18 months running, and this month’s reading is a 10-year low. The nagging question for economists in the past year has been whether the economy is at full employment after months of steady growth. The dispute is in the details: The topline numbers have been stellar, with a healthy number of jobs being added monthly and the unemployment rate falling to record lows.