News
WSJ | China's Labor Market Tightens
Job cuts in China appear to be on the rise, dimming prospects for a labor market that has been a resilient bright spot amid a slowdown in the world's second-largest economy.
Econ Comments & Analysis
AEI | A Qualitative Reading of the July Jobs Report
It should be obvious that the seasonal adjustment could be slightly off. Changes in the way that auto companies handle temporary layoffs, the budget shortfalls at the state and local level which have resulted in teachers being permanently let go, unusually warm winters, massive uncertainty over government policy, strong economic headwinds from Europe, structural changes to the labor market caused by the Great Recession - all these, and more, could render the seasonal adjustment factors slightly, or seriously, inaccurate.
Blogs
WSJ: Real Time Economics | Jobless Claims Hint at Another Middling Employment Report
In other words, layoffs aren’t slowing enough and hiring isn’t picking too fast–so there just isn’t a lot of economic momentum.
Political Calculations | A Missed Prediction
The reason why is because that means the world has turned out to be a much more interesting place than we had previously supposed.
