News
WSJ | Hiring Data Reinforce View That Job Market Has Cooled
A gauge of private-sector hiring showed weakness in April, the latest data to suggest the labor market has cooled a bit from its healthy early-year pace.
Bloomberg | Disabled Americans Shrink Size of U.S. Labor Force
Michael White says he wishes he still could pluck the bass line to Hank Williams Jr.’s “Born to Boogie” and pay bills with money he earns himself. High unemployment -- along with ailments that he says render his fingers inoperative and make him cough up blood -- have dashed his hopes.
USA Today | Unemployment claims drop in week ended April 28
The number of Americans seeking unemployment benefits fell last week by the most in more than three months.
Econ Comments & Analysis
The Nation | The Recovery Is Really Good at Creating Bad Jobs
Indicators of the economic recovery weren’t stellar this quarter: consumer and business spending seem to have slowed down, making analysts nervous. Not to mention news out of Europe that the UK and Spain have slid back into recession.
