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Wednesday, July 25, 2012

Employment

Econ Comments & Analysis                                                                                            
Minyanville | Spain on the Run, Italy Not Far Behind
The European Union is on the boil once again and this time it doesn’t look like a patch job will be enough. Greece is a well-known basket case, but not big enough to sink the ship. Now Spain is a different story.

Blogs                                                                                                                             
AEI | Raising the minimum wage by 38% to $10 per hour could drive the teenage jobless rate to 28% and would be ‘economic malpractice’
Unlike Baker, and contrary to his assertion that the “minimum wage is non-controversial,” most economists believe in the Law of Demand, which means that there is a non-controversial inverse relationship between wages and the number of workers hired.