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Wednesday, February 8, 2012

Employment

Econ Comments & Analysis                                                                                            
Washington Times | Bad news buried, Obama boasts
President Obama seized upon last week’s improved jobs report as “more good news” on the economy, though the true unemployment rate never made the headlines.
Mercatus Center | Freedom Is Key to Creating Jobs, Not Stimulus Spending
On Friday, the U.S. Bureau of Labor Statistics reported the addition of 243,000 jobs in January, and the unemployment rate dropped to 8.3 percent. This is good news, but there are still millions of people searching for work who can’t find it

Blogs                                                                                                                             
Calculated Risk | No Labor Force Participation Rebound in Sight
This is a key point. Some of the recent decline in the participation rate was expected due to demographics (mostly aging of the population), but most analysts expected some rebound in the participation rate this year as the economy (hopefully) improves.