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Friday, January 4, 2013

Employment

News                                                                                                                             
CNN Money | December jobs report: Hiring and unemployment steady
Hiring remained moderate at the end of the year as employers appeared undaunted by the fiscal cliff gridlock in December.
CNN Money | Forget discouraged, 3 million workers hopelessly unemployed
Employers may be hiring, but there's another big problem with the job market that isn't being tracked as closely: the hopelessly unemployed.

Econ Comments & Analysis                                                                                            
Bloomberg | Jobs Lost Hit 5 Million With Rigged Currencies: Cutting Research
Exchange-rate manipulation by countries from China to Denmark has cost the U.S. as many as five million jobs in recent years, according to the Peterson Institute for International Economics.
Politico | It pays for states to raise bar on minimum wage
On New Year’s Day, our states accomplished something that Congress has achieved only erratically over the past 40 years: raising the minimum wage.

Blogs                                                                                                                             
WSJ | Economists React: Good-Not-Great Labor Market
Economists and others weigh in on the report showing a 155,000 gain in U.S. jobs and the unemployment rate unchanged at 7.8%.