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Monday, July 25, 2011

Employment

News                                                                                                                             
Fox News | How states fared on unemployment benefits
Here are the states with the biggest changes in applications. The data is for the week ending July 9, one week behind the national data.

Econ Comments                                                                                                             
CNN Money | One in five American men don't work: Where's the outrage?
Lawmakers in Washington are ignoring the real problem: A generation is losing work skills. We need to fix that.

Blogs                                                                                                                             
FT: The A-List | Forget the debt: its jobs that will define Obama’s future
The US unemployment rate reached 9.2 per cent in June, up from 8.8 per cent in March of this year and double the 4.6 per cent rate in 2007 just before the recession began.
WSJ: Real Time Economics | Jobless Rates Rise in Most U.S. States
The unemployment rate increased in 28 states in June, reflecting the nationwide increase to 9.2% from 9.1% over the month, the Labor Department said. Some 14 states saw their unemployment rate hold steady while eight logged decreases.
Calculated Risk | Labor Force Participation Rate Update
There will probably be some "bounce back" for both men and women (some of the recent decline is probably cyclical), but the long term trend for men is down.