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Tuesday, March 8, 2011

Employment

News                                                                                                                             
CNBC | Anger Brews Over Government Workers' Benefits
A USA Today/Gallup poll last month found show that Americans largely side with the employees, though about two in five that want government pay and benefits reined in.

Econ Comments                                                                                                             
National Review | Union Myths
Private-sector workers haven't been immune to unions' deleterious effects as government workers have.

Blogs                                                                                                                             
CSM: Robert Reich's Blog | Job numbers don't tell the whole story
There are jobs being created, but they aren't the right kind of jobs
Political Calculations | An Actual Improvement in the U.S. Employment Situation
For the first time since April 2010, the employment situation in the United States showed an actual improvement in February 2011, as the number of employed Americans rose to its highest level since that time.
CSM: Paper Economy | 'Total unemployment' declines to 16 percent
Traditional unemployment rate declined to 9 percent in February.
Reason Foundation: Out of Control Policy Blog | Are Discouraged Workers Done Leaving the Labor Force?
One of the big stories in the labor market over the past two months has been to what extent dips in the unemployment rate over the last few months can be credited to people simply exiting the labor market. That's because as people stop looking for work, they stop getting counted on the rolls of the unemployed, having left the labor force. This means that society loses out on the productive abilities of people who give up on the job search because they can't find an acceptable position. Thus, a fall in the unemployment rate -- theoretically good news -- can actually disguise a negative trend..