News
WSJ | Euro-Zone Unemployment Hits High
Some 16.294 million people in the euro zone were unemployed in October, a figure never equalled since records for all 17 nations were first compiled in January 1995. That is equivalent to 10.3% of the currency bloc's workforce—the highest percentage since June 1998.
Market Watch | Private-sector jobs rise 206,000: ADP
Growth in private-sector payrolls sharply accelerated in November, led by the service-producing sector and small businesses, according to the ADP employment report released Wednesday.
Blogs
Heritage Foundation | Reduced Job Creation—Not Increased Layoffs—Explains High Unemployment
Unemployment remains stuck at 9 percent because of low job creation, not higher job losses. In fact, job losses hit a record low in March 2011. Fewer entrepreneurs are starting new companies, and fewer business owners are expanding existing enterprises.
