News
Businessweek | Worker Shortage? Teach Teens Manufacturing Skills
During her sophomore year at Kettle Moraine High School in Wales, Wis., about 30 miles outside Milwaukee, Tara Britten ditched class and was in danger of expulsion. “They thought I was stupid,” Britten says. “Nobody would challenge me at the level I needed to be challenged at, so it made me angry and bored.”
Washington Times | Congressional Republicans resolved to repeal Obamacare
There’s no doubt that the president’s health care law is hurting our economy. Even before the U.S. Supreme Court’s recent ruling on Obamacare, the president’s law was driving up health costs and making it harder for small businesses to hire.
CNN Money | June jobs report: Hiring weak, unemployment unchanged
Hiring was lukewarm last month, with employers adding jobs but not enough to bring the unemployment rate down.
Blogs
Calculated Risk | June Employment Report: 80,000 Jobs, 8.2% Unemployment Rate
Nonfarm payroll employment continued to edge up in June (+80,000), and the unemployment rate was unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported today.
Economist | America settles down
Americans are much more willing to move around within their great continental expanse than residents of other countries are to migrate.
WSJ | What to Watch for in Jobs Report
When the government releases its monthly jobs report at 8:30 tomorrow morning, most of the attention will be on two numbers: The net increase or decrease in non-farm payrolls (economists yesterday boosted their estimate to predict a gain of 125,000 jobs) and the unemployment rate (economists expect it to hold steady at 8.2%).
CATO | Another Month of Data Re-Confirms Obama’s Horrible Record on Jobs
Today’s weak job market is affected by factors such as the threat of higher taxes in 2013 (when the 2001 and 2003 tax cuts are scheduled to expire), the costly impact of Obamacare, and the harsh regulatory environment.
Calculated Risk | Employment Situation Preview
Another weak report, combined with sluggish Q2 GDP numbers to be released later this month, would increase the likelihood of QE3 being announced on August 1st.
