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Tuesday, November 8, 2011

Employment

News                                                                                                                             
Bloomberg | Job Openings in U.S. Rose in Sept. to Three-Year High
The number of positions waiting to be filled in the U.S. rose in September to the highest level in more than three years, indicating some companies are preparing for an improving economy.

Econ Comments                                                                                                             
WSJ | Public School Teachers Aren't Underpaid
Our research suggests that on average—counting salaries, benefits and job security—teachers receive about 52% more than they could in private business.
WSJ | Is an Ivy League Diploma Worth It?
As student-loan default rates climb and college graduates fail to land jobs, an increasing number of students are betting they can get just as far with a degree from a less-expensive school as they can with a diploma from an elite school—without having to take on debt.

Blogs                                                                                                                             
Calculated Risk | Sluggish Growth and Payroll Employment
If we continue to see sluggish growth with 125,000 payroll jobs added per month (the pace this year), it will take an additional 52 months just to get back to the pre-recession level of payroll employment.
WSJ: Real Time Economics | Challenger: Holiday Retail Hiring Could Be Lower Than 2010
Holiday retail hiring is off to a relatively strong start, with 141,500 jobs added in October, but overall hiring for the season may be a bit slower than last year, layoff consultant Challenger, Gray & Christmas Inc. said.
Heritage Foundation | Infographic: Obama’s Promise vs. Reality in the October Jobs Report
With the plan, they predicted in their chart, unemployment today would be somewhere in the neighborhood of 6.5 percent. Today, after the President’s $787 billion stimulus, unemployment still stands at 9 percent.