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Wednesday, February 20, 2013

Employment

News                                                                                                                             
CNN Money | Unemployed would lose benefits if federal budget cuts go through
The long-term unemployed can kiss goodbye almost 10% of their weekly jobless benefits if federal budget cuts go into effect on March 1.

Econ Comments & Analysis                                                                                            
Washington Times | How Obama’s minimum wage proposal will kill jobs
President Obama’s turns at self-congratulation during his State of the Union address last week might pass without notice, if he hadn’t advertised our “economic recovery.” When he took office in January 2009, the unemployment rate had reached a limping 7.9 percent. Now, four years and more than $1 trillion in stimulus spending later, it’s a much cheerier 7.8 percent.