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Friday, January 27, 2012

Employment

News                                                                                                                             
WSJ | NEC Forecasts a Loss
NEC Corp. plans to cut 10,000 jobs and warned that a combination of asset write-downs and restructuring costs will result in a net loss of more than $1 billion for this fiscal year.
WSJ | Spain Unemployment Rate Hits 22%
The number of jobless Spaniards rose by 295,300 in the fourth quarter from the third, to 5.27 million.

Econ Comments & Analysis                                                                                            
Washington Times | Help the unemployed off the rolls
When it comes to job creation, President Obama has no clue. Under his leadership, the average amount of time spent in the unemployment lines more than doubled from four to nine months.

Blogs                                                                                                                             
Political Calculations | New Jobless Claims: Still on Track, But Increasingly Volatile
The rate of improvement in the number of new jobless claims filed each week is leveling off between 370,000 and 380,000.
Tax Foundation | Unemployment Drops in 46 States: Exceptions are Hawaii, Illinois, Mississippi, North Carolina
Unemployment rates have dropped in 46 states from January 2011 to January 2012. There were four exceptions: