News
National Journal | Parallel Lines: In Washington, Universes Apart on Jobs
At the end of the day, organizers count a record-breaking 4,121 attendees at Rep. Eleanor Holmes Norton’s 14th annual jobs fair in August, all seeking the one thing that eluded them in a long, tedious and fruitless search.
Market Watch | The economy’s unfinished work: job growth
The big event on next week’s economic calendar is the monthly U.S. jobs report — but nobody expects a big jump in hiring.
Blogs
Heritage Foundation | Obama’s Economic Advisers Warned of Green Jobs Agenda’s Pitfalls
A pair of years-old anecdotes, recently revisited, show that top economists in the White House and Obama’s cabinet expressed serious doubts about the White House’s emphasis on and approach to green jobs. Three top economic advisers, on at least two occasions, have sounded alarms about that agenda.
Reports
CRS | American Jobs Act: Provisions for Hiring Targeted Groups, Preventing Layoffs, and for Unemployed and Low-Income Workers
Although they are not discussed in this report, tax reductions for employers ($70 billion) and employees ($175 billion)—largely through payroll tax cuts—form the largest single category of spending under the American Jobs Act. Another $75 billion would go to infrastructure projects, including transportation ($50 billion), an infrastructure bank ($10 billion), and grants to rehabilitate foreclosed or vacant properties ($15 billion), in addition to $30 billion for school modernization.
