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Wednesday, October 5, 2011

Employment

News                                                                                                                             
WSJ | Auto Makers Now Import Jobs
Labor Deals at Ford, GM to Shed Veterans for New Hires, Returning Some Production From Abroad.
Market Watch | Private payrolls up 91,000 in September, ADP says
Job growth in the private sector continued at a modest pace in September, led by the service-producing sector and small businesses, according to a report released Wednesday.
WSJ | Housing's Job Engine Falters
Employment Lost in Property Crash Weighs on the Economy's Chance of Recovery.
Bloomberg | Announced U.S. Job Cuts Rise 212% From Year Ago, Challenger Says
Announced firings jumped 212 percent, the largest increase since January 2009, to 115,730 last month from 37,151 in September 2010, according to Chicago-based Challenger, Gray & Christmas Inc.

Econ Comments                                                                                                             
WSJ | Shovelling for Labor
California tries to raise the cost of construction projects.
Washington Post | We need to stop America’s brain drain
...immigrants have founded 52 percent of Silicon Valley’s companies and created millions of American jobs. This won’t be the case in the future.
Washington Times | STRONACH: Formula for American job growth
Flat tax that rewards domestic hiring would reignite productivity.

Blogs                                                                                                                             
Political Calculations | The Ebb and Flow of the Baby Boom Generation
Today, we'll look at the history of the baby boom generation in the U.S. workforce, in five year intervals from 1960 through 2010.
Daily Capitalist | Job Creation Down Again: Gallup
You don’t have to wait for Friday’s Employment Situation report from the BLS to know what is going on with employment. Gallup’s September survey on job creation continues to decline as it has for the past three months…
WSJ: Real Time Economics | Average Salary Up for Class of 2011
The average salary offer for the most recent crop of graduates was up 6% compared to salaries offered to 2010 graduates, according to a survey by the National Association of Colleges and Employers released Tuesday.