News
Bloomberg | Jobless Claims in U.S. Drop More Than Forecast
Applications for jobless benefits dropped by 37,000 in the week ended Sept. 24 to 391,000, the fewest since April, Labor Department figures showed today.
Bloomberg | Ford to Add 7,000 U.S. Jobs in Next Two Years
Ford is discussing adding as many as 10,000 jobs in the U.S. in negotiations with the United Auto Workers union on a new four-year contract, according to three people familiar with the talks.
Econ Comments
Daily Caller | Karl Marx on Obama’s jobs plan
Marx condemned the new French emperor’s efforts to placate the unemployed by expanding government jobs.
CNN Money | How to create jobs
Of the 24 economists surveyed by CNNMoney, 16 believe Congress should take some kind of stimulative action to create jobs. But there's little consensus on just what that should be.
Blogs
Cato@Liberty | Unemployment Insurance System Fosters Unemployment
Keynesian economists keep telling us that unemployment benefits have a stimulative “multiplier effect” on the economy. Unfortunately, that sticky little problem of the government having to suck resources out of the economy to pay for this alleged stimulus keeps getting in the way...
