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Tuesday, June 7, 2011

Employment

News                                                                                                                             
WSJ | Alabama County Aims to Slash 33% of Workers
The county's finance committee will meet Tuesday to discuss the possibility of $12.3 million in budget cuts, which would include 697 layoffs, Commissioner Jimmie Stephens said.
CNN Money | Shrink federal workforce by 10%: House GOP
As aging workers retire, hire fewer replacements. And that's exactly what three House Republicans want the federal government to do.
Washington Times | With nurse shortage looming, America needs shot in the arm
At a time when many Americans are in desperate need of a job, the field of nursing will soon be in desperate need of Americans.

Econ Comments                                                                                                             
NY Post | The scary truth behind the new jobs numbers
In order to come up with growth of 54,000 new jobs the Labor Department had to assume the unlikely -- that 206,000 jobs were created by newly-formed companies it thinks but can't prove were "born" in May.
Washington Times | RAHN: How to create jobs now
Employment rises only when government spending declines.
Barron's | How Long Will Profits Rise at Labor's Expense?
The top editor at Bank Credit Analyst sees corporate profit margins peaking.

Blogs                                                                                                                             
Political Calculations | Updated: Major Trends in U.S. Layoffs
We now have enough data to be able to project the direction of the newest trend in U.S. layoff activity.
Bankrupting America | NEW VIDEO: is Washington creating our jobs crisis?
As Washington continues to spend far beyond its means, uncertainty about the future of our economy is stifling the ability of businesses to plan for the future.