News
Market Watch | U.S. jobless claims unchanged at 370,000
The number of Americans who filed requests for jobless benefits was unchanged last week at 370,000, the U.S. Labor Department said Thursday.
WSJ | Portugal Unemployment Rises to 14.9%
Portugal's jobless rate jumped to 14.9% in the first quarter as the government slashed spending to narrow its budget deficit and fulfill the conditions of its €78 billion ($99.29 billion) bailout.
Econ Comments & Analysis
WSJ | Job Market's Vanishing Act
In the past two years, the number of people in the U.S. who are older than 16 (and not in the military or prison) has grown by 5.4 million. The number of people working or looking for work hasn't grown at all.
Real Clear Markets | An Unemployment Crisis for Older or Younger Workers?
On Tuesday the Senate Special Committee on Aging held a hearing on how to help older workers find jobs. I was one of five witnesses at the hearing.
Politico | Congratulations, grad, you’re unemployed
The April unemployment rate decreased to 8.1 percent from 8.2 percent; however, the percentage of working-age Americans in the labor force dropped to its lowest rate (63.6 percent) since 1981.
Blogs
WSJ | Labor Department Error Overstates Female Job Losses
There are more women working for the postal service than the Labor Department originally thought. That has the potential to alter some much-reported numbers, but isn’t likely to change the underlying trend of the recovery.
