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Friday, June 22, 2012

Employment

News                                                                                                                             
WSJ | Jobs Get Posted, Few Get Filled
When the U.S. economy began to strengthen earlier this year, companies cut back on layoffs and posted more job openings. What they didn't do was actually step up their hiring.
WSJ | Greece Rules Out Massive Layoffs
Greece's new three-party coalition government on Thursday ruled out massive public-sector layoffs, a move that could help pacify restive trade unions but could set it on a collision course with international creditors demanding substantial cuts in public spending.

Econ Comments & Analysis                                                                                            
Washington Times | Obama’s dishonest jobs math
President Obama announced two weeks ago that “the private sector is doing fine.” Though he later backpedaled from this remark, he stood by his fundamental contention that the private sector was creating large numbers of jobs, and that more money needed to be spent by the government to keep up the public-sector pace.
AEI | Stapling green cards to diplomas: Time to make this cliche a law
Last week, President Obama announced that his administration would lift the threat of deportation from more than 800,000 illegal immigrants who arrived in the United States as children and who have gone on to be productive and law-abiding residents. It was good and compassionate public policy -- even if it's a legal stretch.

Blogs                                                                                                                             
WSJ | Up to 95 Million Low-Skill Workers in Danger of Being Left Behind
Between 90 and 95 million low-skill workers around the world could be without jobs by 2020 because there simply won’t be enough positions available for them to apply for, according to a new report from the McKinsey Global Institute.