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Wednesday, April 11, 2012

Employment

Econ Comments & Analysis                                                                                            
AEI | Raising minimum wage is maximum stupidity
And if there were no unintended consequences from government-mandated minimum wages, perhaps it would be a fine idea. But there are harmful knock-on effects that hurt some of the economy’s most vulnerable participants: young workers and those with few skills.

Blogs                                                                                                                             
Calculated Risk | BLS: Job Openings increased slightly in February
The number of job openings in February was 3.5 million, little changed from January. Although the number of job openings remained below the 4.3 million openings when the recession began in December 2007, the number of job openings has increased 46 percent since the end of the recession in June 2009.
National Review | Are Obama’s Policies Hurting Women?
In other words, men did lose more jobs in the recession. Now that the economy is growing again, men are recovering jobs at a faster pace than women.  In fact, the latest employment report shows that male participation in the work force was up 14,000 while female participation fell 177,000, in part because women tend to work in retail or government jobs, which have been cut in recent months.
AEI | Overpaid public workers: The evidence mounts
One year ago, Wisconsin Gov. Scott Walker signed legislation increasing the pension and health contributions of public-sector employees and restricting their collective-bargaining power. The governor set off a firestorm that continues today, with a recall effort being waged against him and his allies.