Econ Comments
Minyanville | 7 Long-Term Factors Directly Affecting US Job Growth
The economy is still in a structural readjustment that will leave the middle class higher and drier. Here, some of the factors that will continue to affect employment.
Blogs
Econlog | What would Scott Sumner Say?
U.S. wage as measured in the Labor Department's employment report have been largely stagnant over the past few months, despite improvements in the job market. In fact, many industries saw more wage growht during the recession then during the recovery. I imagine that Scott Sumner would suggest looking at causality the other way.
WSJ: Real Time Economics | Forget Unemployment Extensions, Cutbacks More Likely
State attempts to pare back unemployment and an improving economy are likely to lead to a much shorter span of unemployment benefits next year.
WSJ: Real Time Economics | Wages Fared Better in Recession Than Recovery
In most U.S. industries, average hourly wages gained more during the recession than during the recovery.
Reports
Gallup | Federal Government Hiring Plunges in March
Gallup's U.S. Job Creation Index remains at 2 ½-year high.
