News
WSJ | German Jobless Claims Rise Again
German jobless claims increased for a sixth-straight month in September, indicating that Europe's erstwhile job machine is sputtering.
Daily Finance | Hopeful Sign? U.S. Unemployment Claims Fall To 2 Month Low
The number of Americans filing new claims for jobless benefits fell last week to the lowest level in two months, a hopeful sign for a labor market that has struggled to gain traction in recent months.
Market Watch | Labor Dept. says it underestimated job growth
The U.S. government announced Thursday that it has likely underestimated job creation in the year ended March 2012.
Blogs
Library of Economics | How Much do 99 Weeks of Unemployment Benefits Raise the Unemployment Rate?
If we cut unemployment benefits back to the usual 26 weeks, a 1% fall in the unemployment rate wouldn't cause a 1% rise in the employment rate.
WSJ | Nearly 400,000 More Jobs Added Than First Thought
The Bureau of Labor Statistics on Thursday released an early look at its annual “benchmark revision” of its payroll data. When the preliminary revisions become final early next year, the official data should show that there were 386,000 more jobs in March than previously believed. The private sector did even better, adding 453,000 jobs versus previous estimates.
Café Hayek | The recession and recovery in one picture
In Part I of the Numbers Game interview I did with John Taylor, he pointed out that the ratio of employment to population hadn’t rebounded at all in the current recovery. How common is that?
