News
MSNBC | Postal Service to cut 7,500 jobs, close offices
Declining volume of mail, staff costs and private-sector competition necessitate moves
CNN Money | Texas budget could cost 600,000 jobs
Texas could see more than 600,000 jobs disappear if lawmakers adopt the $83.8 billion budget that will go before the state House late next week, according to a state agency.
National Journal | GOP Prescription: Spending Cuts and Lower Wages Equal More Jobs
In a little-noticed economic report distributed by the office House Speaker John Boehner last week, the Republican staff of the Joint Economic Committee attempted to refute criticisms that the GOP’s economic agenda would deliver too much pain too fast.
WSJ | Postal Service to Cut 7,500 Managers
The U.S. Postal Service will cut 7,500 managers and shut seven district offices, responding to record losses and declining mail volume as more people communicate by e-mail and texts and pay bills online.
Econ Comments
Washington Times | BERMAN: Collective bargaining is no ‘right’
What government gives, government can take away.
Blogs
WSJ: Real Time Economics | Older Workers More Likely to Be Employed Than Teens
The biggest changes in family life sometimes happen gradually. New employment data suggest one such seismic change is upon us: Job-holding patterns between the generations have turned upside down.
Heritage Foundation: The Foundry | Obama’s Anti-Drilling Agenda Costs Jobs Across America
President Obama’s hometown of Chicago is nearly 1,000 miles from the Gulf of Mexico. But like many other communities across the country, it is suffering the consequences of his Administration’s anti-drilling agenda.
