News
CNN Money | No more unemployment checks for seasonal workers
From school bus drivers to ballet dancers to lifeguards, many workers whose jobs only last for a portion of the year have traditionally been eligible for jobless benefits. But now states across the country are starting to crack down, trying to save money and rescue insolvent jobless funds.
USA Today | Unemployment rates fall in most metro areas
Unemployment rates fell in nearly all large U.S. cities in April from March, aided by summer hiring on farms and in tourist destinations.
CNN Money | May jobs report: More weak hiring expected
The economy was expected to have added 150,000 jobs last month, according to economists surveyed by CNNMoney. They project that the job report for May will show the private sector expanded payrolls by 162,000 jobs, but government shed 12,000 positions.
Econ Comments & Analysis
Real Clear Markets | Long-Term Unemployment, and the Skills Erosion Myth
Whatever the direction of Friday's jobless number, it can't be stressed enough that unemployment of the kind we're suffering at the moment is a wholly unnatural phenomenon wrought by government distortion of wages and benefits, and sagging investment that results from policies in favor of a weak dollar.
Blogs
The American | CBO: Obama stimulus may have cost as much as $4.1 million a job
CBO now estimates that the total impact of the American Recovery and Reinvestment Act over the 2009–2019 period will amount to about $831 billion.
Political Calculations | New Jobless Claims Continue Rising
It has been several weeks since we last looked at the trend in the number of new jobless claims being filed in the U.S. each week. Our chart below shows how things stand through the initial report for 19 May 2012
