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Wednesday, December 7, 2011

Employment

News                                                                                                                             
NY Times | Citi Cuts 4,500 Jobs, Will Take $400 Million Charge
Citigroup Inc is cutting 4,500 jobs worldwide, Chief Executive Vikram Pandit said on Tuesday, becoming the latest large bank to trim staff.
WSJ | A Boeing Accord Looms to Defuse Big NLRB Fight
The proposed four-year contract extension for 31,000 machinists offers commitments that Boeing will build new and existing jetliners in Washington's Puget Sound region.

Econ Comments                                                                                                             
Washington Times | LAMBRO: Obama’s statistical slump
Unemployment decline can’t hide numbers that portend voter payback.

Blogs                                                                                                                             
WSJ: Real Time Economics | Recession and Its Aftermath Create More Mr. Moms
The economy has been harder on men than women but a new Census report shows men are at least picking up some of the slack at home.
NY Times: Economix | Employed Women, Dropping Out of the Labor Force
Closer analysis reveals that the entirety of that decline was due to the departure of women — and particularly employed women — from the labor force.