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Thursday, December 13, 2012

Employment

News                                                                                                                             
USA Today | Unemployment claims drop in latest week
The number of Americans seeking unemployment benefits fell sharply for a fourth straight week, a sign the job market may be improving.
Market Watch | Jobless claims drop below pre-Sandy levels
The number of people who applied for new U.S. unemployment benefits last week fell below pre-Sandy levels and hovered near a four-year low.

Econ Comments & Analysis                                                                                            
USA Today | Editorial: Unions' woes are largely of their own making
Just 11.8% of workers now belong to a union. That's barely half what it was three decades ago, and the total would be even lower if not for an increase in unionized public-sector workers.
Washington Times | Right-to-work victory in Michigan
American families and taxpayers may be just three weeks from going over the “fiscal cliff,” a move economists predict will shrink the nation’s economy and dramatically increase unemployment, but you wouldn’t know it by the way President Obama has been approaching negotiations with Congress.

Blogs                                                                                                                             
Political Calculations | U.S. Jobs Five Years After Their Peak
We're going to look at the change in the U.S. employment situation since the total level of employment in the U.S. peaked five years ago in November 2007, but first, let's look at the change since October 2012.