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Monday, April 16, 2012

Employment

News                                                                                                                             
USA Today | 'Shove It' indicator: More people now quit than get fired
The number of people quitting their jobs in February outnumbered the amount of workers who were laid off by companies for the first time since this economic recovery began, a sign that consumer confidence may be higher than investors currently believe.

Blogs                                                                                                                             
FOX Business | Report: Credit Suisse May Cut 5,000 Jobs
Swiss banking giant Credit Suisse reportedly plans to slash up to another 5,000 investment-banking jobs amid shareholder pressure to rein in expenses.
Political Calculations | Updated: Jobs Above and Below the Minimum Wage Line
With the release of the BLS' report for 2011 on the Characteristic of Minimum Wage Earners, we can now update our pioneering chart illustrating how the federal minimum wage-earning composition of the U.S. workforce has changed in each year since 2006.
Calculated Risk | Percent Job Losses: Great Recession and Great Depression
The causes of the Great Recession were similar to the Great Depression - as opposed to most post war recessions that were caused by Fed tightening to slow inflation - and I'm frequently asked if we could compare the percent job losses during the two periods. Unfortunately there is very little data for the Great Depression.
The American | Makers vs. Takers: Stunning chart show how U.S. labor market becoming like Europe’s
Out of the many signs that the US economic recovery is not as strong as previous ones, the variable that possibly best demonstrates the weakness of the recovery is the stagnant employment to population ratio. This ratio summarizes two labor market variables: the unemployment rate and the participation rate.