News
CNN Money | Postal plan: Slower delivery, 28,000 jobs lost
The U.S. Postal Service on Monday announced a $2.1 billion cost savings proposal that would result in the end of next-day service for regular mail and the loss of about 28,000 postal worker jobs.
NY Times | Many Workers in Public Sector Retiring Sooner
As states and cities struggle to resolve paralyzing budget shortfalls by sending workers on unpaid furloughs, freezing salaries and extracting larger contributions for health benefits and pensions, a growing number of public-sector workers are finding fewer reasons to stay.
National Journal | Report: Fracking Could Be a Major Jobs-Producer
The shale-gas industry could generate a total of 1.6 million new jobs by 2035, according to an industry-funded report released on Tuesday by the energy analysis firm IHS Global Insight.
Econ Comments
Washington Times | EDITORIAL: The 8.6 percent illusion
Statistical blip masks deeper unemployment problem.
New York Post | Behold the incredible shrinking work force
If you added in the 1,096,000 people who wanted a job last month but were too discouraged to look for work, the jobless rate would have been closer to 8.8 percent.
Blogs
Political Calculations | Can Increasing the Minimum Wage Boost GDP?
What we see however is that the number of teens and young adults with incomes has fallen over time.
Heritage Foundation | Infographic: Weak Job Growth in the Obama Economy
The fact is, new jobs are being added at a far lower rate than a decade ago, as the chart below shows. And it’s that tepid job growth that explains America’s unacceptably high unemployment rate.
