News
WSJ | Olympic Jobs Boost U.K.
U.K. unemployment fell for a fourth straight month in the three months to May, likely due to a temporary boost in employment due to the approaching Olympic Games, data showed Wednesday.
Washington Times | Widespread layoffs loom before Election Day
As the debate about sequestration boils over, the window is fast closing for the congressional action needed to avert across-the-board defense industry layoffs. Time is simply running out for Congress to stave off this blow to the economy.
Econ Comments & Analysis
AEI | Are minimum wages fair?
In response to a budget shortfall, the mayor of Scranton, Pennsylvania cut the pay for some 400 city employees to the federal minimum wage, promising to restore their pay once city finances have stabilized. Unions representing police, firemen, garbage collectors - among others - have filed a lawsuit in response.
Fortune | The silent job killer: Our unemployment system
The unemployment benefits system was built on a combination of wishful thinking, generosity, and skimpy funding during good times. Today, it's likely impeding job growth.
Blogs
Tax Foundation | Would Territorial Taxation Create 800,000 Jobs Abroad at the Expense of U.S. Jobs?
Jake Tapper reports that President Obama will attack Mitt Romney for the Republican challenger’s support of territorial taxation. This appears to be sparked by a new study appearing in today’s Tax Notes publication, in which Professor Kimberly Clausing calculates that a territorial system would increase employment in low-tax countries by 800,000 workers.
