News
FRIDAY
Las Vegas unemployment reaches record 15 percent
Unemployment in Las Vegas reached a record 15% in August, up from 14.7% in August.
Unemployment rate drops in 23 states in September
Best showing in state jobless rates since June, but hiring remains weak.
THURSDAY
Jobless claims fall, but still stuck
There were 452,000 initial jobless claims filed in the week ended Oct. 16, down 23,000 from an upwardly revised 475,000 the previous week, according to the Labor Department's weekly report.
Hot air? White House takes credit for Bush-era wind farm jobs
Administration claims 50,000 jobs created, but many projects were completed before funds were handed out.
Gallup Finds U.S. Unemployment at 10.0% in Mid-October
Unemployment is essentially the same as the 10.1% at the end of September.
For some, jobless benefits trump a job
Work sometimes pays less than benefits in such a weak job market.
WEDNESDAY
Americans have a role in recovery
Americans can help the recovery along by saving more than in the past, but also by spending responsibly in proportion to income, one of President Obama's top economic advisers said Tuesday.
TUESDAY
Jobless benefits about to crash
With no end in sight to the nation's high unemployment, the government program to help the jobless is heading for a crash.
Territories snared in wage debate
Hill backpedals on minimum pay rate for Samoa, Marianas.
MONDAY
Texas bests California in jobs, economic rivalry
When it comes to job growth, Texas has once again defeated economic rival California, according to research released at the end of last week by the Texas Public Policy Foundation, a non-profit free-market research institute
Gallup Finds U.S. Unemployment at 10.0% in Mid-October
Unemployment, as measured by Gallup without seasonal adjustment, is at 10.0% in mid-October -- essentially the same as the 10.1% at the end of September but up sharply from 9.4% in mid-September and 9.3% at the end of August.
Joblessness Spurs Trans-Atlantic Divide on Policy
Policy makers at the European Central Bank face the same high unemployment and slow growth that dogs their friends across the Atlantic at the Federal Reserve. But don't expect the ECB to follow the Fed in taking extraordinary measures to try to get things moving again
Economy takes toll on retail employment
Getting a job as a store clerk has long ranked among the most common ways to make ends meet when times get tough. Now, it's getting tough to find work in retail.
Economists Comments
THURSDAY
Top Ten Ways Government Kills Jobs in America
Our politicians all seem to agree on at least one thing: There will be no recovery unless America gets back to work.
WEDNESDAY
Shovel-Ready White Elephants
It took 410 days to build the Empire State Building, four years to erect the Golden Gate Bridge. The Pentagon took a year and a half, the Alaska Highway just nine months. These days it takes longer to build an overpass.
MONDAY
Republican Congress means more jobs
What voters have been saying — to incumbents and challengers alike since early 2009 — is that the top job for the president and Congress is jobs. Voters want elected officials to focus, above all, on jobs and the economy.
Blogs
FRIDAY
Don’t Mess With Texas; Learn From It
While the United States struggles to escape a recession — and California is plagued with a massive fiscal crisis — there is one outlier posting big job growth numbers, all while keeping taxes low and government small: Texas.
Austerity Debate, Unemployed Older Workers, Reserve Currency
A roundup of economic news from around the Web.
THURSDAY
Renewable Electricity Standards Kill Jobs Too
Cap and trade legislation is dead. The left abandoned the policy this summer when it became clear it was a liability. But that doesn’t mean the left has abandoned plans to hike up our nation’s energy costs in a vain attempt to save the world. All they did was pick a new a set of government mandates and repackage it as Renewable Electricity Standards (RES). Don’t be fooled. The goal (reducing emissions) and mechanism (raising energy prices) are still the same. As is the result: millions of lost jobs at a time when unemployment already is hovering around 10%.
Beige Book: Where Are the Jobs?
The Fed’s latest beige book report on the state of the economy indicates continued struggles in the labor market. Here are some takeaways on jobs from the regional reports.
Secondary Sources: Google’s Taxes, Minimum Wage, Fed and Inflation
A roundup of economic news from around the Web.
WEDNESDAY
Shovel Ready or Not
stimulus spending is only effective if it is timely and targeted toward high-valued projects. But by its very nature, government cannot determine which projects are high-valued in a timely manner. We can get timely, or high-value. But as Eileen told the Washington Post in February of 2009, “you can’t have both.”
Secondary Sources: Entitlements, City Employment, Seinfeldonomics
A roundup of economic news from around the Web.
TUESDAY
2010 Census: Final Weekly Payroll Update
The Census Bureau has released the final weekly payroll report for the 2010 Census. The report shows only 2,766 temporary workers were on the payroll for the week ending Oct 2nd.
Obama's Almost Contradiction
Obama admits there's no such thing as a "shovel-ready project" even though a huge part of the argument for the 2009 increase in domestic spending was that it would go to "shovel-ready projects."
MONDAY
Unemployment And The Dollar
The big news this morning is about the decline of the dollar, but to understand why that is happening one needs to look at unemployment and today’s jobless report explains a lot.
Reports
FRIDAY
Regional and State Employment and Unemployment- August 2010
Regional and state unemployment rates were little changed in August. Twenty-seven states recorded unemployment rate increases, 13 states registered rate decreases, and 10 states and the District of Columbia had no rate change, the U.S. Bureau of Labor Statistics reported today.
MONDAY
Arkansas Industrial Jobs Declined 9% Over the Past Two Years
Industrial employment in Arkansas fell 9% over the past two years, according to the 2011 Arkansas Manufacturers Register, an industrial directory published annually by Manufacturers' News, Inc. (MNI) Evanston, IL. MNI reports Arkansas lost 20,309 manufacturing jobs over the past two years.
