News
CNN Money | Not a great start for jobless claims in 2013
Happy New Year! The American economy kicked off 2013 with a small rise in new claims for unemployment benefits -- a closely-watched indicator of the health of the job market
Bloomberg | Companies Keep People to Be Fired With State Work Share
Some states are adding a new twist to the old concept of unemployment insurance: Paying to keep Americans in their jobs rather than giving them cash when they lose them.
Econ Comments & Analysis
Washington Times | Higher wages, lower employment
New York Gov. Andrew Cuomo on Wednesday laid out a wide-ranging agenda for the year. The first-term Democrat wants gun control, casinos and higher pay for teachers. Perhaps his most economically perilous proposal is an insistence on raising the state’s minimum wage from $7.25 an hour to $8.75.
Blogs
Calculated Risk | BLS: Job Openings "unchanged" in November
The number of quits (not seasonally adjusted) was little changed over the 12 months ending in November for total nonfarm and total private.
Library of Economics | Feeling vs. the Minimum Wage
If you're trying to sell libertarianism to Feeling people, "hard head, soft heart" ideas are more persuasive than "hard head, hard heart" ideas. But the libertarian remains at an inherent disadvantage against intellectual rivals pedaling "soft head, soft heart" ideas.
Calculated Risk | Question #3 for 2013: How many payroll jobs will be added in 2013?
Some years I make some big calls. Not this year. Although I think parts of the economy are poised for more growth, I think austerity at the Federal level means another year of sluggish growth.
