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Wednesday, November 7, 2012

Employment

News                                                                                                                             
Washington Times | U.S. employers post fewest jobs in 5 months
U.S. employers posted fewer job openings in September after advertising more in August than first estimated. The report suggests hiring will likely remain modest in the coming months.
Bloomberg | Drop in U.S. Job Openings Shows Uneven Labor Market
Job openings in the U.S. dropped to a five-month low in September, signaling uneven progress in the labor market may extend through year-end.

Econ Comments & Analysis                                                                                            
Washington Times | Hiding the real jobs peril
We heard some real whoppers in this year’s campaign, but the biggest of them all was President Obama’s wildly exaggerated jobs claim.

Blogs                                                                                                                             
Calculated Risk | BLS: Job Openings "essentially unchanged" in September, Up year-over-year
The number of job openings in September was 3.6 million, essentially unchanged from August.
AEI | The US economy is now producing 2.2% more output than before the recession, but with 3.84 million fewer workers
The Great Recession stimulated huge productivity and efficiency gains as companies shed marginal workers and learned how to do “more with less (fewer workers).”