News
Bloomberg | Jobs Increase as Health Care Eclipses Factories
While the economy lost 7.5 million positions during the recession, health care expanded staff. Together with social assistance, it will add 4 million employees to become the second-biggest job gainer by 2018
Washington Times | Eurozone unemployment ends 2011 at record high
Eurostat, the EU’s statistics office, said the 10.4 percent unemployment rate in December was unchanged at its highest level since the euro was launched in 1999, as November’s was revised upward from a previous estimate of 10.3 percent.
Market Watch | January private-sector jobs rise 170K: ADP
Private-sector payrolls increased 170,000 in January, led by the service-providing sector and small businesses, according to the ADP employment report released Wednesday.
Blogs
WSJ | Determining Why People Stop Working Is Key
When Friday’s jobs report comes out, the January unemployment rate is expected to stay at 8.5%. That doesn’t mean, however, that 91.5% of the U.S. population is working.
Marginal Revolution | Youth unemployment across Europe
The unemployment ratio – that is, the number of unemployed people over the population rather than the labor force is arguably a more consistent indicator across countries.
