Pages

Monday, August 6, 2012

Employment

News                                                                                                                             
CNN Money | Michigan to lay off 400 unemployment workers
Many jobless claims workers in the state of Michigan will soon be filing for unemployment themselves.
Washington Post | Wait, the U.S. economy actually lost 1.2 million jobs in July?
The U.S. economy lost 1.2 million jobs between June and July. But that’s not how it got reported. When the Bureau of Labor Statistics (BLS) released its jobs figures for July, it said the economy gained 163,000 jobs. So what gives?
CNN Money | Obama closer to breaking even on jobs
Is President Obama a job creator? Not yet. But he might be by Election Day.

Econ Comments & Analysis                                                                                            
Market Watch | Employment-trends gauge increases in July
A gauge of employment trends ticked higher in July, signaling that jobs growth may continue during the next few months, but at a slow rate, according to a monthly labor-market report released Monday by the Conference Board.

Blogs                                                                                                                             
Mercatus | Former BLS Commissioner Keith Hall Breaks Down the Latest Job Numbers
In July, the unemployment rate was essentially unchanged at 8.3 percent,  and there was a welcome, though modest, increase in job growth. After averaging just 73,000 jobs per month in the third quarter, there were 163,000 new jobs.
CATO | Jobless Rate Climbs to 8.3 Percent, Creating More Anxiety for Obama and the Left
Can we finally all agree that Keynesian economics is a flop? The politicians in Washington flushed about $800 billion down the toilet and we got nothing in exchange except for anemic growth and lots of people out of work.