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Friday, October 21, 2011

Employment

News                                                                                                                             
CNN Money | Six-figure salaries, but homeless
In the town of Williston, N.D., America's newest oil boomtown, more than 6,000 job seekers have come from every corner of the country looking for work. Yet, oil companies and other developers haven't been able to build housing units fast enough.
Politico | W.H. jobs focus roadblock to transportation funds?
Opponents of President Barack Obama’s proposal for $50 billion in stimulus-style transportation spending, along with $10 billion to capitalize a national infrastructure bank, say it’s akin to putting a Band-Aid on a bullet wound.

Econ Comments                                                                                                             
Atlantic | The Spread of Start-Up America and the Rise of the High-Tech South
Start-up culture is taking root in lots of places -- and not just the usual suspects. Some of the hottest hotbeds are in the South.

Blogs                                                                                                                             
WSJ: Real Time Economics | Which States Are Poised for Jobs Growth?
Most of the states expected to see the largest employment gains are also states that have seen big gains in population. That’s good news for places like Texas and Utah that have relatively low unemployment rates compared to the national average.
Political Calculations | Over 50% Probability of New Jobless Claims Over 400,000 Each Week Through End of 2011
And since that slowly downward trending line is currently projected to stay above the 400,000 level through the end of 2011, we can therefore expect that there is over a 50% probability that the number of new, seasonally adjusted initial unemployment claims will be above the 400,000 mark through the end of the year.