News
CNN Money | AOL cuts 900 jobs after HuffPo buy
AOL CEO Tim Armstrong said Thursday the company is cutting 200 jobs in the U.S. and 700 in India following its $315 million purchase of the Huffington Post.
Bloomberg | Jobless Claims in the U.S. Rose 26,000 Last Week to 397,000
First-time claims for jobless benefits rose last week from an almost three-year low, highlighting the uneven nature of the improvement in the U.S. labor market.
CNN Money | Initial jobless benefit filings in big jump
The number of Americans filing first-time claims for unemployment benefits climbed in the latest week, with the figure coming in just below the key 400,000 level.
Econ Comments
Fortune | Federal jobs fast becoming an endangered species
Federal agencies are imposing hiring freezes, eliminating openings, and preparing for severe budget cuts, dashing the hopes and prospects of many upcoming graduates and other jobseekers.
Cato Institute | Immigration Doesn't Hurt Native-Born Workers
There is simply no evidence that immigration drives up the U.S. unemployment rate or that it drives down wages for American workers
Blogs
Political Calculations | Visualizing the Characteristics of Minimum Wage Earners in 2010
We're going to visualize a portion of the BLS' very-recently released data on the characteristics of U.S. minimum wage workers in 2010.
Heritage Foundation | Government Unions vs Middle Class Jobs
Are these papers so out of touch that they think anyone opposes “good middle-class jobs” for Americans? They have at least been taken in by the idea that unions’ greatest concern is for the jobs of their members. That is simply untrue.
NRO: The Corner | Education Levels and the Public/Private Compensation Differential
Comparing compensation between private and public employees is a tricky business. While there is no doubt that there is an important compensation gap, especially when measured per hour worked, some argue that it can be explained by the fact that public employees are more educated than private-sector ones.
Time: Curious Capitalist | Gas Price Spike: A Long-term Job-Killer?
The recent spike in gas prices is getting some economists nervous. Higher gas prices, it seems, could mean fewer jobs.
