Pages

Wednesday, December 5, 2012

Employment

News                                                                                                                             
Washington Post | Citigroup to cut more than 11,000 jobs as it looks to lower expenses
Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi’s workforce of 262,000.
Market Watch | U.S. jobs growth slows in November, ADP estimates
The U.S. saw slower jobs growth in November as Hurricane Sandy hurt employment, particularly in the manufacturing sector, a payrolls processing firm estimated Wednesday.

Econ Comments & Analysis                                                                                            
AEI | How hard is it to find a job?
A reporter asked me the other day about extending unemployment-insurance (UI) benefits, which have been part of budget talks to avert the "fiscal cliff."

Blogs                                                                                                                             
Economix | Degree Inflation? Jobs That Newly Require B.A.’s
Despite the sob stories you hear about unemployed college graduates, bachelor’s degrees have actually gotten more valuable over time.