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Monday, September 12, 2011

Employment

News                                                                                                                             
WSJ | Mixed Reviews on Effects Of Obama's Jobs Proposal
Mr. Obama's $447 billion proposal, a combination of tax cuts and spending programs worth about 3% of gross domestic product, is intended to spur expansion as the economic recovery is at risk of stalling.
Econ Comments                                                                                                             
WSJ | How to Fight Black Unemployment
The tragedy of the failed stimulus is felt hard in minority communities. There's a better way.
Washington Times | DANNER: Speech failed to revitalize job creators
Gushers of federal cash, temporary tax breaks don’t help small business.
WSJ | Canada's Oil Sands Are a Jobs Gusher
Canada has recovered all the jobs it lost in the 2009 recession, and Alberta's oil sands are no small part of that.
Forbes | Obama's Jobs Plan: He Should Have Stayed On Vacation
Ever certain of his transformative skills, the President continues to miss the essential truth known to many of us, but totally lost on the political class. Specifically, Washington can’t create jobs, but it certainly can destroy them.
Washington Post | Job Creation 101
...government is less a job creator than a job changer. It supports jobs (soldiers, teachers, scientists) by taxing, borrowing and regulating.
Washington Times | TIMMONS: The NLRB’s anti-jobs plan
Labor board forces rules on employers that wouldn’t pass Congress.

Blogs                                                                                                                             
Marginal Revolution | How many unemployed teachers are there?
This BLS graph (look under “And which industries show declining employment over the summer?”) shows a strong seasonal trend which may confound some month-specific citations, but still the number seems to be back to where it had been in earlier years (admittedly the scaling and visuals are not what I would wish for) and more importantly it is hard to spot much effect of the recession at all.
WSJ: Real Time Economics | Debating the Obama Jobs Plan: Bernstein vs. Holtz-Eakin
President Barack Obama’s latest set of proposals to get employers hiring more readily has stimulated one thing already: critiques, analyses and defenses of the strategy and its components.