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Tuesday, September 6, 2011

Employment

News                                                                                                                             
WSJ | Infrastructure Likely Part of Obama Jobs Push
President Barack Obama signaled Monday he'll propose a major infrastructure program and an extension of a payroll tax break in the jobs speech he planned to deliver Thursday before a joint session of Congress.
CNN Money | Are new rules on health care and banks killing jobs?
Several economists said the truth is somewhere in between: The new regulations may be contributing to the general economic uncertainty, but they are not the main reason for sluggish hiring.
WSJ | Jobs Focus for Regulations
President Barack Obama is expected to use his jobs speech to Congress on Thursday to blunt business and Republican criticism that his administration is engaged in regulatory overreach.

Econ Comments                                                                                                             
WSJ | Washington's Antitrust Timewarp
Blocking the AT&T-T-Mobile merger won't protect jobs.

Blogs                                                                                                                             
Calculated Risk | Duration of Unemployment, Unemployment by Education and Diffusion Indexes
...two categories increased, especially the '15 to 26 weeks' group that increased to 2.24 million or almost 1.5% of the labor force - the highest level since January.
Daily Capitalist | Unemployment Will Remain High Because Obama Will Do All The Wrong Things
It is fitting to publish an article on Labor Day about unemployment. No doubt you already know that the market reacted badly (-2.5%) to last Friday’s unemployment numbers from the BLS.
Volokh Conspiracy | Jobs vs the Environment One More Time
Even if an environmental regulation generates net economic benefits, this does not necessarily translate into increased employment.  But whatever the effect of regulation on jobs, and even assuming the effect could be predicted with any accuracy, this is only one factor to be weighed when considering the desirability of regulation.
WSJ: Real Time Economics | Jobs Paralysis Raises Odds of Fed Action
Job market paralysis in August increases the chance the Federal Reserve will do something new to help the economy.

Reports                                                                                                                         
Heritage Foundation | Heritage Employment Report: This Labor Day, No New Jobs, High Unemployment
The answer, however, is increasingly clear: New government regulations and massive growth of unproductive government programs have made it harder for the labor market to recover.