News
WSJ | For Spain's Jobless, Time Equals Money
As Europe's leaders struggle with a five-year-old economic crunch that has saddled Spain with the industrialized world's highest jobless rate, young Spaniards are increasingly embracing such bottom-up self-help initiatives to cope.
Econ Comments & Analysis
Heritage Foundation | Ending Work for Welfare: Bogus Measures of Success
Last month, President Obama’s Department of Health and Human Services (HHS) illegally overturned the work requirements that were the core of the welfare reform law of 1996, which required that a portion of the able-bodied recipients in the Temporary Assistance for Needy Families (TANF) program—the successor to the Aid to Families with Dependent Children (AFDC) program—be required to work or prepare for work as a condition of receiving aid.
Blogs
WSJ: Real Time Economics | New Jobs Come With Lower Wages
During the recession, people who lost long-held jobs struggled to find new employment and often took substantial pay cuts if they did find new work. Little appears to have changed after the recession ended, a new Labor Department report shows.
Political Calculations | The Minimum Wage, The Economy and Labor Force Participation
After showing how only the reduction in the U.S. labor force participation rate has resulted in a lower unemployment rate last week, a number of commenters requested that we follow up and show how the minimum wage might factor into the situation.
