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Thursday, November 29, 2012

Employment

News                                                                                                                             
USA Today | Construction industry faces worker shortage
Contractors are struggling with shortages of workers as the home-building market comes to life and some commercial sectors strengthen. The crunch is affecting a handful of states, including Texas, Arizona, Iowa and Florida.
Bloomberg | Jobless Claims in U.S. Decrease as Sandy Effect Dissipates
Fewer Americans filed first-time claims for unemployment insurance payments last week as the labor market disruptions wrought by superstorm Sandy ebbed.

Econ Comments & Analysis                                                                                            
CBO | Unemployment Insurance in the Wake of the Recent Recession
Far more workers were laid off in 2008 and 2009 than in 2006 and 2007. The number of workers who lost their job and started receiving UI benefits peaked at 14.4 million in 2009, whereas an average of roughly 8 million laid-off workers started receiving benefits in each fiscal year from 2004 to 2007.