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Wednesday, January 11, 2012

Employment

News                                                                                                                             
Washington Times | Hiring rose in November, but job openings dipped
U.S. employers stepped up their hiring in November but pulled back slightly on the number of jobs they advertised.
CNN Money | Obama battles job crisis: 3 years...and counting
Before Obama even took office, America had lost 4.4 million jobs. It would lose another 4.3 million before jobs started trickling back.
Bloomberg | Job-Market Gains Underscored as Hiring Catches Up With Openings: Economy
Gains in hiring are catching up with job openings, pointing to greater willingness among U.S. companies to expand as the economy improves.

Blogs                                                                                                                             
NRO: The Corner | High-speed Rail to Nowhere
Finally, as my colleague Matt Mitchell and I have documented in the past, claims that investment in infrastructure projects will stimulate the economy and will create many jobs are, at best, dubious. 
Calculated Risk | BLS: Job Openings "unchanged" in November
Jobs openings declined slightly in November, but the number of job openings (yellow) has generally been trending up, and are up about 7% year-over-year compared to November 2010.