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Friday, April 27, 2012

Employment

News                                                                                                                             
WSJ | U.S. Firms Add Jobs, but Mostly Overseas
Thirty-five big U.S.-based multinational companies added jobs much faster than other U.S. employers in the past two years, but nearly three-fourths of those jobs were overseas, according to a Wall Street Journal analysis.
CNN Money | White House: Middle class jobs are trickling back
The middle class may be starting to heal from a decades-long decline, President Obama's chief economic adviser said Thursday.

Econ Comments & Analysis                                                                                            
Motley Fool | More Jobs, Less Work, Low Wages, Dark Future: Part 2
We looked at a paradox yesterday: While unemployment rose, average working hours fell, incomes stagnated, savings increased, and debt was repaid, Americans kept their wallets open and spent a decent amount of money. Those don't add up. What gives?

Blogs                                                                                                                             
WSJ | Are Jobless Claims Tracking Gas Prices?
Jonathan Basile of Credit Suisse observes an interesting pattern in gasoline prices and jobless claims: Since the start of the year, prices and claims have risen in almost the same percentage terms.