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Wednesday, June 13, 2012

Employment

News                                                                                                                             
USA Today | More than seven in 10 U.S. teens jobless in summer
Fewer than three in 10 American teenagers now hold jobs such as running cash registers, mowing lawns or busing restaurant tables from June to August.
CNN Money | Health spending growth to stay low, then jump
Total health spending in the United States will grow at near-historic low rates until 2014 and then increase as provisions of the health reform law take effect, according to a government report Tuesday.

Econ Comments & Analysis                                                                                            
WSJ | Student Loans and Double Standards
President Obama likes to say that everyone in America should "play by the same rules." Okay, so then why does the Administration's new student-loan rule apply to for-profit colleges, but not nonprofits?
Project Syndicate | Share the Work
The United States today is facing a crisis of long-term unemployment unlike anything it has seen since the 1930’s. Some 40% of the unemployed have been out of work for six months or more, which, as US Federal Reserve Board Chairman Ben Bernanke noted in a recent speech, is far higher than in any other post-World War II recession.