News
National Journal | Three Small Steps to a Modest Jobs Deal
For the last several years in Washington, lawmakers acted like winning the next election was more important than getting the country back to full employment. Tuesday’s election should mercifully end that. Growth remains substandard. Both parties own a solid piece of the federal government. It’s now in both Democrats’ and Republicans’ political and policy interests to juice up job growth.
Market Watch | U.S. jobless claims fall 8,000 to 355,000
Applications for U.S. unemployment benefits dropped by 8,000 to a seasonally adjusted 355,000 in the week ended Nov. 3, a number that was distorted by hurricane Sandy.
CNN Money | Greek unemployment at new record high
Greek unemployment hit a new record of 25.4% in August as five years of recession and government spending cuts continued to take their toll, with young people hit hardest.
Econ Comments & Analysis
Washington Post | Jobs will be the real test for Obama
It’s still about jobs. What will determine the core success of President Obama’s second term is progress — or the lack thereof — in reducing long-term unemployment. We know this from exit polls, which ranked the economy as the top issue (selected by about 60 percent of voters) and, more important, from common sense.
