Kansas City jobs: Employment stayed steady (and lousy!) in May

If you tend to believe economist Paul Krugman’s Nobel Prize-winning hysterics, we are on the verge of the Third Depression, an era marked by “tens of millions of unemployed workers, many of whom will go jobless for years … some of whom will never work again,” and many of whom are going be very angry and possibly very drunk on a bar stool near you. So pay attention for flying shot glasses.

That’s the depressing news. The equally depressing news is that local labor statistics support Krugman’s fist-waving — although not as much as the Business Journal is reporting.