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Monday, April 30, 2012

Employment

Econ Comments & Analysis                                                                                            
Washington Times | Obama’s weakly job numbers
The credibility gap is widening between what the Obama administration says about the jobs picture and what Americans sense is the grim reality. Despite the official line that things are getting better, the employment situation is growing progressively worse.

Blogs                                                                                                                             
FOX Business | What's Keeping Jobs Overseas
Today's new Dreamliner is a triumph for American labor. Six thousand workers are busy at Boeing's South Carolina plant. And don't forget that building the state of the art facility provided jobs for ten thousand construction workers. But victories like this one are becoming rarer and rarer in this country.
Atlantic | How to Get a Bigger Keynesian Multiplier
In a normal economy, 40% of new hires are people who switched right over from another job: Friday at Walmart, Monday at Target. The other 60% come from some mix of the unemployment lines and the ether.