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Friday, April 1, 2011

Employment

News                                                                                                                             
Yahoo Finance | Unemployment rate falls to 8.8 pct., two-year low
Unemployment rate falls to 2-year low of 8.8 pct.; employers add 216K jobs in March
Gallop Daily | Underemployment Rises to 20.3% in March
Gallup Daily tracking finds that 20.3% of the U.S. workforce was underemployed in March -- a slight uptick from the relatively flat January and February numbers.
WSJ | Trading Places
The recession has driven many young people out of the job market and back to school. At the same time, many people over age 55, with their savings depleted, are back at work or looking for work.
CNN Money | Job growth could be good for Obama's job
A pickup of 216,000 jobs in March is good news for President Obama's bid to keep his own job.

Econ Comments                                                                                                            
WSJ | We've Become a Nation of Takers, Not Makers
More Americans work for the government than in manufacturing, farming, fishing, forestry, mining and utilities combined.
Fox Business | Not Out of the Woods Yet
Friday, the Labor Department reported the economy added 216,000 jobs in March. After adding 194,000 jobs in February, this indicates the economy is finally accomplishing momentum. First quarter growth will likely be a bit higher than 3%.

Blogs                                                                                                                          
Calculated Risk | Employment Summary and Part Time Workers, Unemployed over 26 Weeks
Here are a few more graphs based on the employment report ...
The Economist: Free Exchange | Labour markets
Good but not great job growth continues
Heritage Foundation: The Foundry | Morning Bell: Stop Sending Jobs Overseas
Today, the Labor Department released its monthly jobs report showing that the U.S. economy added 216,000 jobs in March and unemployment fell to 8.8 percent. Despite these encouraging numbers, Americans still consistently tell pollsters that jobs and the economy are the most important problems facing the country.