News
NY Times | Factory Jobs Gain, but Wages Retreat
Manufacturers are hiring again in America, softening a long slide in factory employment. But for a new generation of blue-collar workers, even those protected by unions, the price of employment is likely to be lower wages stretching to retirement.
Bloomberg | Goldman’s O’Neill Sees Aging Labor in BRICs
Aging and shrinking labor pools are also poised to curb expansion across the other so-called BRIC nations that contributed almost half of global growth in the past decade.
NY Times | A Gathering Storm Over ‘Right to Work’ in Indiana
Nearly a year after legislatures in Wisconsin and several other Republican-dominated states curbed the power of public sector unions, lawmakers are now turning their sights toward private sector unions, setting up what is sure to be another political storm.
Econ Comments
Washington Times | EDITORIAL: EEOC undermines job creation
Federal bureaucracy strangles businesses with new red tape.
Blogs
WSJ: Real Time Economics | Economic Indicators: Jobs Will Be Job One
A hobbled housing market, debt-ridden consumers and European turmoil point to meager improvements in the U.S. job picture this year.
WSJ: Real Time Economics | Heading Into 2012, Hopes Rise For Job Markets
The U.S. economy’s New Year’s resolution: create jobs at a faster pace in 2012.
WSJ: Real Time Economics | Number of the Week: More Jobs in 2011, But Still Not Enough
131 million: The average number of people working in the United States in 2011, through November.
