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Monday, January 7, 2013

Employment

News                                                                                                                             
CNN Money | Jobs with the lowest (and highest) unemployment
The top jobs with the lowest unemployment rates for 2012 include fields in areas from health care and finance, to social services and engineering -- and all require a lot of education and training.

Econ Comments & Analysis                                                                                            
Washington Times | Obama’s malaise
The jobs numbers released by the Bureau of Labor Statistics on Friday confirm the economy probably won’t see robust growth any time soon. The official unemployment figure remains a disappointing 7.8 percent, though this only presents a partial view of what’s going on.
Heritage Foundation | Heritage Employment Report: In December Out with the Old, In with the Same Thing
The December employment report from the Bureau of Labor Statistics (BLS) shows that 2012 ended with an unemployment rate of 7.8 percent and 155,000 new jobs. The labor market has not had an adequate recovery and has made little progress from 2011 to 2012.
Real Clear Markets | Friday's Unemployment: "Good" Only By "New Normal" Standards
The publication of Friday's "Employment Situation" report from the Bureau of Labor Statistics (BLS) gives us our first opportunity to take stock of the first four years of Barack Obama's presidency. This is because the jobs numbers are the first of the major economic data series to be reported after the end of a period.

Blogs                                                                                                                             
Market Watch | Why the next U.S. downgrade will really matter
RBC Capital Markets is calling it: the U.S. is going to  lose its triple-A rating from another rating agency. And this one may matter more because it would affect how investors have to look at the government’s debt.
Economist | Running out of time
With another month of jobs data in hand, economics writers can't help but note the remarkably stable pattern in employment growth. Payrolls rose by 155,000 jobs in December of 2012, according to figures released by the Bureau of Labour Statistics on Friday.