News
Daily Finance | Walmart to Hire More Than 50,000 for U.S. Holiday Rush
Wal-Mart Stores (WMT) plans to hire more than 50,000 seasonal employees to work at its Walmart stores in the United States, slightly more than it did last year, as it gets ready for the winter holiday season, its busiest time of year.
WSJ | Firms Miss Out on Jobs Push
A new federal program that lets states give companies financial incentives for hiring jobless people hasn't gained traction, illustrating the complications of government attempts to tackle unemployment.
Econ Comments & Analysis
Washington Times | Uncertainty and unemployment
Amalaise has fallen over the economy. At a time when we should have fully recovered from the Great Recession, we’re still 4 million jobs short of where we were just a few years ago. Doubts about economic policy, particularly forthcoming changes in taxes, has turned this “recovery” into a job loser.
WSJ | Middle-Class Job Killer
President Obama is campaigning for re-election as a better protector of middle-class jobs than Mitt Romney, and somehow he seems to be getting away with it. Tell that to the miners and others employed in the coal industry, a middle-class job if there ever was one, and the target of relentless regulatory assault over the last four years.
Forbes | The Economy Crushing Collapse Of Startup Jobs
Everyone in Washington loves entrepreneurs. Or so they say. Supporting entrepreneurs is about as controversial as fighting poverty and honoring the troops. But in this election, especially with jobs as the top concern, voters will be looking at results, not rhetoric.
Washington Times | Unions stack the deck against job creation
According to the U.S. Department of Labor’s Bureau of Labor Statistics, just 15 percent of construction workers are either union members or covered by union contract. PLAs effectively shut out 85 percent of the badly bleeding construction industry.
Blogs
WSJ | Number of the Week: Government Workers Stay Put Longer
7.8: Median number of years that public workers have been employed by the government as of January 2012.
WSJ | Fiscal Cliff Not Leading to Layoffs — Yet
The looming fiscal cliff could be a disaster for the U.S. economy, but it hasn’t been so far — at least not when it comes to jobs.
FOX Business | RBS Raises Job-Cut Target to 3,800
Government-owned banking giant Royal Bank of Scotland (RBS: 8.80, -0.12, -1.29%) hiked its job-cut target on Monday to 3,800 as the financial-services industry continues to slash costs amid difficult market conditions.
