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Monday, May 9, 2011

Employment

News                                                                                                                             
National Journal | Lawmaker Proposes Federal Hiring Freeze
Rep. Tom Marino, R-Pa., on Thursday introduced legislation that would prohibit agencies from hiring new employees until the deficit is resolved.

Econ Comments                                                                                                             
CNN Money | The rise of the permanently temporary worker
Temp jobs are in and permanent ones are out, for now. And it doesn't look like there's a surefire route to go from one to the other, posing serious risks to worker morale and corporate growth.
Fiscal Times | Multinationals Dump U.S. Workers for Foreign Labor
When it comes to job hunting, big is out. Small is in. Over the past decade, the explosion of global trade and a sharp focus on productivity and cost cutting have accelerated a key trend in U.S. labor markets: Jobs at big companies just aren’t as plentiful as they used to be.
CNN Money | They're Hiring!
These Fortune 100 employers have at least 350 openings each, totaling more than 96,000 jobs.
Minyanville | BLS Jobs Report: Nonfarm Payroll Headline Number Good, but Only on Surface
...during a recovery, the household survey is supposed to lead. Moreover, the household survey is more consistent with three recent reports.

Blogs                                                                                                                             
EconLog | Field Review
Eventually, the patterns of specialization and trade will restore some of them to being able to work for a living. But I think that a lot of the older vintages of workers are not going to make it back into the labor market, and most of the recovery will come within newer vintages.

Reports                                                                                                                         
Heritage Foundation | Heritage Employment Report: April Jobs Report Shows Showers, not Flowers
Unemployment will remain persistently high until business investment and expansion improve. Unfortunately the recent GDP report shows just the opposite—business investment fell from a strong 8.6 percent growth rate in Q4 2010 to a much weaker 2.8 percent in Q1 2011.