News
Market Watch | U.S. jobless claims jump 15,000 to 382,000
The number of people who applied for U.S. unemployment benefits jumped sharply last week, mainly because of delayed claims filed by people affected by Tropical Storm Isaac.
Econ Comments & Analysis
Real Clear Markets | Misunderstanding Declines In Labor Force Participation
This past Friday, like the first Friday of every month, saw the release of the latest jobs numbers. Within minutes of the release, analysts left, right, and center began pointing nervously at August's decline in labor force participation-the fraction of adults who are working or looking for a job.
Heritage Foundation | Trade Freedom: How Imports Support U.S. Jobs
Conventional wisdom says that exports are beneficial and imports are harmful. Conventional wisdom is wrong. A key element of this misperception is the mistaken idea that imports into a country cost jobs there. In fact, imports contribute to job creation.
