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Thursday, May 24, 2012

Employment

News                                                                                                                             
CNN Money | HP to cut 27,000 jobs
Hewlett-Packard announced Wednesday that it is slashing 27,000 jobs in a widely expected maneuver aimed at slimming down the struggling tech giant.
FOX News | Weekly US jobless aid applications dip to 370,000
The number of people seeking unemployment benefits changed little last week, signaling modest job growth.

Blogs                                                                                                                             
WSJ | Fed’s Kocherlakota: Economy Closer to Maximum Employment Than Data Suggest
A top Federal Reserve official said Wednesday that elevated inflation readings in the past two years suggest that the economy is closer to maximum employment than labor-market reports alone might suggest.