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Friday, October 7, 2011

Employment

News                                                                                                                             
Market Watch | September data show improvement in jobs market
The nation’s labor market showed some small signs of improvement in September as job growth came in above market expectations and there were positive revisions to past months, U.S. government data showed Friday.
Politico | Obama challenges Congress to pass his jobs bill
President Barack Obama took his national campaign for a new jobs bill back to the White House on Thursday, repeatedly warning Republicans to line up behind the measure or step up to “explain” their opposition to anxious voters.

Econ Comments                                                                                                             
WSJ | Jobs and Jobs
From Edison to Jobs, we know how to repeat the U.S. success story.

Blogs                                                                                                                             
Political Calculations | The U.S. Layoff Picture in October 2011
When we last looked at seasonally-adjusted initial unemployment insurance claims (aka "new jobless benefit filings") at the end of August 2011, we found that the average rate of new claims was falling at a level of about 800 per week.
Calculate Risk | Employment Summary, Part Time Workers, and Unemployed over 26 Weeks
U-6, an alternate measure of labor underutilization that includes part time workers and marginally attached workers, increased to 16.5%; this is at the high for the year.
Political Calculations | Is Big Business Creating Jobs?
Previously, we investigated why small businesses haven't been creating jobs during the so-called economic recovery following the recession that began in December 2007, finding that their collective debt situation is the likely culprit keeping them from adding jobs to the U.S. economy.