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Thursday, September 6, 2012

Employment

News                                                                                                                             
WSJ | In Europe, Signs of a Jobless Generation
Euro-zone youth unemployment will remain elevated for at least the next half-decade, the International Labor Organization said Tuesday, forecasting a small reduction in the jobless rate will come from young people withdrawing from the labor market instead of stronger hiring activity.
Bloomberg | Women Failing to Get Hired in U.S. Seen in Childcare Woes
When Marci Price and her husband did the math, childcare services for their two kids ran higher than their mortgage payment in Chicago. They packed their bags for Indianapolis, where family could help trim that expense.
CNN Money | Outlook gloomy for August jobs report
The stakes are high and the forecast is gloomy, ahead of the August jobs report scheduled to be released Friday by the Labor Department.
Market Watch | Private payrolls post largest gain in five months
Private-sector job growth picked up in August, recording the largest employment gain in five months, according to data released Thursday by payrolls processor Automatic Data Processing Inc.

Blogs                                                                                                                             
Political Calculations | Are Teens Better Off Than They Were Four Years Ago?
Not long ago, we featured the following chart showing the official rate of unemployment in the U.S., what the unemployment rate would be if only the same percentage of people were still counted as being part of the U.S. civilian labor force as when Barack Obama was sworn in as President, and what President Obama swore would be the U.S. unemployment rate if only his economic stimulus package were passed into law