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Thursday, April 28, 2011

Employment

News                                                                                                                             
Bloomberg | Jobless Claims in U.S. Unexpectedly Rise to Three-Month High
Jobless claims increased by 25,000 to 429,000 in the week ended April 23, the most since late January, Labor Department figures showed today in Washington. The government anticipates a drop in unadjusted applications during the Good Friday holiday week, something that didn’t happen this year, a Labor Department spokesman said.

Blogs                                                                                                                             
The Economist | The unemployment trap
America is unusual, though not unique, in the extent of its long-term unemployment problem: