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Thursday, September 27, 2012

Employment

News                                                                                                                             
CNN Money | Jobless claims fell to lowest level since July
The number of first-time claims for unemployment benefits fell last week, hitting its lowest level since July.
Bloomberg | Claims for U.S. Jobless Benefits Fall More Than Forecast
Fewer Americans than forecast filed first-time claims for unemployment insurance payments last week, a sign the labor market is getting back on track.
CNN Money | Workers give up in Los Angeles
The unemployment rate has been falling lately in Los Angeles County, but not for the right reasons.

Econ Comments & Analysis                                                                                            
NY Post | Oops Report spills the beans on jobs nos.
Thursday is Oops Report time. That’s when the Labor Department will tell us if it has been correctly tabulating the number of jobs in this country. Or, more precisely, it will tell us how much it has erred in the reporting of the job market.
WSJ | The Social-Enterprise Approach to Job Creation
When he was in high school, a young man I'll call David started smoking marijuana and using cocaine. He became addicted, and he abused the trust of those who loved him until he had burned every bridge. David drifted from city to city, sometimes ending up in jail for months at a time.