News
USA Today | Claims for unemployment aid drop to 363,000
Weekly unemployment aid applications dropped 9,000 to 363,000 the week ended Oct. 27, a level consistent with modest hiring.
Market Watch | ADP: 158,000 private-sector jobs added in October
The U.S. added 158,000 private-sector jobs in October, payrolls processor ADP said on Thursday in the first release since adopting a new way to measure employment.
CNN Money | Jobs report: What to expect
Extra attention will be paid to the job market this month when the government releases its jobs report Friday -- the last before the presidential election next week.
CNBC | US Planned Layoffs Jump to a 5-Month High: Challenger
The number of planned layoffs by U.S. firms jumped 41.1 percent in October to the highest level in five months, although the number includes more than 10,000 jobs in U.S.-owned auto plants in Europe, a report said on Thursday.
Econ Comments & Analysis
NBER | Duration Dependence and Labor Market Conditions: Theory and Evidence from a Field Experiment
This paper studies the role of employer behavior in generating "negative duration dependence" -- the adverse effect of a longer unemployment spell -- by sending fictitious resumes to real job postings in 100 U.S. cities.
