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Tuesday, February 7, 2012

Employment

News                                                                                                                             
USA Today | Greek leaders will cut 15,000 jobs to get debt deal
Greece's coalition government said late Monday that it has accepted demands by its rescue creditors to cut 15,000 jobs in the public sector this year, under a new law that allows firings.

Econ Comments & Analysis                                                                                            
WSJ | A Bipartisan Plan for Job Creation
In his State of the Union Address, President Obama called on Congress to pass an agenda that helps start-ups and small businesses succeed. We have already introduced a plan that shares his goals. It's called the Startup Act.
Washington Times | Obama’s shovel-ready veterans
Last week, the White House proposed a new jobs program for unemployed veterans. The Veterans Jobs Corps (VJC) seeks to spend $1 billion to find work for 20,000 former servicemen.
Real Clear Markets | The Haze Surrounding the Unemployment Data
Economic data are subject to error, and employment statistics are no exception. Each month the employment figures are reported and discussed in the media down to the last digit as though blessed with divine perfection. But they're not.

Blogs                                                                                                                             
Reason Foundation | Unemployment at 8.3 Percent Not What It Seems
The Bureau of Labor Statistics released its unemployment number for January last Friday and the headline came in at 8.3 percent. Let's be clear—that's not a bad thing. Especially being down from 9.1 percent last year.