News
Market Watch | U.S. weekly jobless claims rise to 372,000
Applications for U.S. jobless benefits rose slightly last week, the government reported Thursday, but the latest figures suggest little change in the nation’s underperforming labor market.
CNN Money | Obama extends pay freeze on federal workers
President Obama plans to extend the pay freeze for federal workers through next March, and then they would get a meager 0.5% increase.
Econ Comments & Analysis
Market Watch | Why go to college if I can't get a job?
Late summer is when parents bring their children to college. As they drive to campus they’re worried about tuition increases, the burden of student debt and whether their children will find jobs when they graduate.
Blogs
WSJ: Real Time Economics | CBO: Even if Fiscal Cliff Avoided Unemployment to Remain High
If the tax increases and spending cuts aren’t averted, the unemployment rate will rise to 9.1% at end of 2013. If they are avoided, the unemployment rate will fall just slightly, to 8.0% at the end of 2013, according to CBO’s forecasts.
