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Thursday, July 12, 2012

Employment

News                                                                                                                             
USA Today | Greek unemployment rises again
Unemployment in Greece has risen yet again, reaching 22.5% in April this year, a massive jump from the 16.2% in the same month last year, and up from the 22% in March.
Market Watch | U.S. jobless claims drop 26,000 to 350,000
First-time filings for unemployment benefits fell last week to the lowest level in more than four years, but the decline likely stemmed from fewer auto-sector layoffs than normal and other onetime factors that could soon be reversed.
CNBC | Austerity Stifling Job Creation: Labor Organization
The International Labour Organization (ILO) called on European leaders to invest in their economies and make job creation their priority on Wednesday, as it released a new report which showed 3.5 million jobs had been lost since the 2008 financial crisis and a further 4.5 million were at risk.

Econ Comments & Analysis                                                                                            
WSJ | What I Learned Fighting the NLRB
In June 2011, the National Labor Relations Board began a case against Boeing for opening a nonunion plant in South Carolina. Six months later, the International Association of Machinists withdrew its charge that the company was engaging in unfair labor practices, and the NLRB dismissed its complaint.