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Monday, July 23, 2012

Employment

News                                                                                                                             
WSJ | Unemployment Rises in Six of 10 Battleground States
Unemployment rose in June in six of 10 battleground states that could play a pivotal role in the presidential election, reflecting job cuts in some cases and weak payroll growth in others.

Econ Comments & Analysis                                                                                            
Forbes | What If the Rich Really Gave Back as Obama Wants?
President Obama tells us that the rich should give back to society. He even knows many wealthy people who want to give back more. (I guess they can’t until their taxes are raised).

Blogs                                                                                                                             
Library of Economics | Ray Fisman on Structural Unemployment
Hurst notes that fewer and fewer Americans with a high school education or less are finding employment in manufacturing. This is a trend that accelerated in the late 1990s.
Calculated Risk | State Unemployment Rates little changed in June
Regional and state unemployment rates were little changed in June. Twenty-seven states recorded unemployment rate increases, 11 states and the District of Columbia posted rate decreases, and 12 states had no change, the U.S. Bureau of Labor Statistics reported today.
AEI | The ‘economic miracle state’ of North Dakota leads the U.S. again with a 2.9% jobless rate in June
While the overall U.S. labor market struggles through another jobless recovery with 41 straight months of unemployment above 8% starting in February 2009 (see chart), the state of North Dakota provides a remarkable contrast.