Pages

Wednesday, October 31, 2012

Employment

News                                                                                                                             
CNN Money | Eurozone unemployment hits record high
Unemployment in the eurozone rose in September to a record high of 11.6%, the European Commission's Eurostat statistics agency reported Wednesday..
Politico | Labor releases Tuesday reports on time
Hurricane Sandy failed to push the Labor Department off its schedule for releasing a local jobs report Tuesday, tamping down concerns that the storm would delay the closely watched national unemployment report past its Friday deadline and until after the election.

Econ Comments & Analysis                                                                                            
Real Clear Markets | The Evidence Is In: Green Jobs Are a Total Waste
In case anyone has any doubt, the evidence is in. Green jobs training programs are a waste of taxpayer money. So says the Office of the Inspector General of the U.S. Department of Labor in a report on the $500 million program, published on Thursday.

Blogs                                                                                                                             
Calculated Risk | Update: Employment Report expected on Friday
The U.S. Labor Department on Monday said it is “working hard to ensure the timely release” of the October jobs report, saying it intends to released the report on schedule Friday despite Hurricane Sandy.
WSJ | Older Americans’ Complicated Role in the Work Force
The Outlook column in today’s Journal highlighted how an aging labor force is driving down the share of the population that’s working or looking for work, a measure known as the participation rate. But take a look at the charts accompanying the article, and another story jumps out: The participation rate among older Americans is actually rising.