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Monday, April 23, 2012

Employment

News                                                                                                                             
USA Today | Half of new graduates are jobless or underemployed
Young adults with bachelor's degrees are increasingly scraping by in lower-wage jobs — waiter or waitress, bartender, retail clerk or receptionist, for example — and that's confounding their hopes a degree would pay off despite higher tuition and mounting student loans.
USA Today | Retirement bottom line: Many will have to work until 70
Baby Boomers, with their inheritances, homes, and old-fashioned pensions, may appear to be on track for a solid retirement — but some experts say the forecast for the generation born from 1946 through 1964 isn't necessarily so rosy.

Blogs                                                                                                                             
WSJ | Manufacturing States Post Drops in Unemployment
State unemployment rates were steady in March from a month earlier and the nation’s jobs recovery continues to be best in states heavy in manufacturing and worst in places hit hard by the housing bust.
WSJ | World Needs to Create 200 Million Jobs
The employment tally found that the world lost 27 million jobs between 2007 and the height of the crisis in 2009. But labor force growth adds about 40 million people to the global labor market each year, and overall economic growth — even before the crisis — hadn’t been strong enough to absorb them.