News
Market Watch | Weekly initial jobless claims up 6,000 to 401,000
The number of people who applied for unemployment benefits rose slightly last week, only partially reversing a sharp decline two weeks ago, U.S. data showed Thursday.
WSJ | Labor Reports Indicate No End to Jobs Worries
In further worrying signs for the labor market, separate reports Wednesday showed that layoffs surged in September and that services businesses aren't hiring more workers despite the sector's relatively strong growth.
CNN Money | Holiday hiring expected to be ho-hum this year
Retailers are expected to hire just 480,000 to 500,000 seasonal workers this year, according to a report released Thursday by the National Retail Federation. That's in line with the 495,000 seasonal employees they hired last year, but still far from pre-recession highs.
Econ Comments
Washington Times | KLINE: Fighting Obama’s job-killing agenda
New bill can right the wrongs of the NLRB.
RCM | To Create Jobs, We Must Destroy Them First
...the paradoxical truth is that the fastest path to true job creation is one that seeks to reduce labor costs through job cuts.
Washington Times | HALL: Fighting Obama’s job-killing agenda
Shaky science behind EPA actions.
Daily Caller | President Obama’s jobs plan is just more of the same
...the president is asking Congress to approve a second massive stimulus — this one costing taxpayers $447 billion, with Zandi now saying it will “cut the unemployment rate by a full percentage point.” Sorry, but we’ve heard that story before.
Blogs
Marginal Revolution | On the theory of unemployment
This is from the NYT, about a farmer who tried to hire American workers rather than illegal immigrants…
