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Thursday, January 5, 2012

Employment

News                                                                                                                             
Bloomberg | Initial Jobless Claims in U.S. Fall to 372,000
Applications for jobless benefits (INJCJC) decreased 15,000 in the week ended Dec. 31 to 372,000, Labor Department figures showed today.
Bloomberg | U.S. Companies Added 325,000 Jobs: ADP
Companies added more workers than forecast in December, a sign that the U.S. labor market was gaining momentum heading into 2012, according to a private report based on payrolls.

Econ Comments                                                                                                             
Washington Times | LEHRER: Unemployment numbers work
Complexity of workforce count defies accurate measure.

Blogs                                                                                                                             
Calculated Risk | Question #6 for 2012: Unemployment Rate
6) Unemployment Rate: What will the unemployment rate be in December 2012?
WSJ: Real Time Economics | Jobless Rates Drop in Most Cities
Unemployment rates in most cities were below year-earlier levels in November, the Labor Department reported, but 133 of 372 metropolitan areas posted flat or declining employment from a November 2010.