News
WSJ | Job Vacancies Rise, but Hiring Rate Stays Flat
The nation had 3.74 million job vacancies at the end of March, about 5% higher than February and the highest level since July 2008, the Labor Department said Tuesday. The rise was driven in part by growing demand for workers in construction and manufacturing.
USA Today | Local governments still cutting jobs
States are stabilizing as tax receipts tick up. They're helped by the upward march of private-sector jobs, which climbed by 130,000 as the national unemployment rate dipped to 8.1% in April, the government said Friday.
Econ Comments & Analysis
WSJ | The Job Training Mess
President Obama was on the stump in Ohio last month claiming to have discovered a successful federal job training program in the town of Elyria. This deserves congratulations. As millions of unemployed Americans can attest, a federal job training program that puts people back to work is hard to find.
Businessweek | Why France Has So Many 49-Employee Companies
Here’s a curious fact about the French economy: The country has 2.4 times as many companies with 49 employees as with 50. What difference does one employee make? Plenty
Blogs
Political Calculations | Are Baby Boomers Stealing Jobs from the Young? (Part 1)
In fact, the Obama administration has seen a boom in the prospects of the 55+ crowd; their (I should say ‘our’) employment stands at a 42 year high. Net, there are 3.9 new jobs for people over 55 since the recession began in December 2007, but there are 8.1 million fewer jobs for the young folks since that time.
Political Calculations | Are Baby Boomers Stealing Jobs from the Young? (Part 2)
Today, we're going to start by looking directly at the evidence that would seem to support the case that Baby Boomers are making out much better than younger Americans in the Great Recession in the second part of our three-part series.
