Pages

Monday, January 28, 2013

Employment

News                                                                                                                             
CNN Money | Overeducated and underemployed
Getting a college degree still helps your chances of getting a job, but not necessarily a good one.
Washington Post | Job market probably kept making progress
The job market in the U.S. probably kept making headway in January even in the face of Washington’s budget battles, economists said before reports this week.
Washington Times | EPA rules kill Texas power plant, 3,900 jobs
Environmental Protection Agency regulations are snuffing out another power plant, Chase Power announced Wednesday, killing its $3 billion Corpus Christi, Texas, coal project and 3,900 prospective jobs.

Econ Comments & Analysis                                                                                            
CRS | Unemployment Insurance: Legislative Issues in the 113th Congress
The 113th Congress may face a number of issues related to currently available unemployment insurance programs: Unemployment Compensation (UC), temporary Emergency Unemployment Compensation (EUC08), and Extended Benefits (EB).
NBER | Do Labor Market Policies Have Displacement Effects? Evidence from a Clustered Randomized Experiment
This paper reports the results from a randomized experiment designed to evaluate the direct and indirect (displacement) impacts of job placement assistance on the labor market outcomes of young, educated job seekers in France. We use a two-step design.
AEI | A contracting workforce means tepid economic growth for advanced economies
The financial crisis hit at a very inopportune moment for western economies. Of course, there’s never a good time for a 5.1 percent of GDP contraction, which is what occurred in the U.S. over an eighteen-month period starting in late 2007 and continuing into mid-2009. But this was particularly bad timing because the U.S. and other advanced economies were already in for a rough ride over the coming two decades due to the unprecedented demographic transformation that is now well underway globally.