Pages

Tuesday, February 22, 2011

Employment

News                                                                                                                         
CNN Money | Unions under fire as states try to curtail benefits
Lots of state officials are pressing public employees to shoulder more of their health care and pension costs.
ABC News | Wage War: Government Employees vs. Everybody Else
Public Sector Protesters in Wisconsin Face a Backlash, But Are State Workers Really Overpaid?

Econ Comments                                                                                                             
Real Clear Markets | It's Time for Washington to Get Serious About Job Creation
In recent weeks Federal Reserve Board Chairman Ben Bernanke has repeatedly expressed worry about the state of the U.S. job market.  His concerns are well founded
The Fiscal Times | Unemployment Pay Deters Would-Be Entrepreneurs
During economic downturns, it’s not unusual for laid-off employees to remake themselves as entrepreneurs. Right now more than 9.8 percent of all workers are self-employed, and more than a quarter of people laid off in the first six months of 2010 who hadn’t found jobs considered starting their own businesses, according to a CareerBuilder survey.
Politico | Why everyone needs unions
It’s easy to see the big issues at stake in the battle between the public sector unions and the Republicans in Wisconsin and other states.
Minyanville | Why Unions Are Bad for the Economy
If Wisconsin protesters succeed in this time of state budget deficits, other states will try the same thing.

Blogs                                                                                                                         
EconLog | Job Losses vs. Unemployment
I think we will have to get a handle on adjustment costs, including the cost of firm formation, the cost of expanding enterprises, and the cost of integrating new labor and capital into an existing enterprise.
Marginal Revolution | What is the state employee union wage premium?
How much does collective bargaining matter?
EconLog | Scary Data on Private Investment
In any case, these numbers are scary, with or without wage flexibility. Regime uncertainty, anyone?

Reports                                                                                                                         
Heritage Foundation | Extended Unemployment Insurance Benefits
What Are Extended Unemployment Insurance Benefits?