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Friday, March 1, 2013

Employment

News                                                                                                                             
CNN Money | IRS holds off furloughs to spare tax season
The Internal Revenue Service will wait until the end of tax season to furlough its employees. - See more at: http://money.cnn.com/2013/02/28/news/economy/irs-tax-furloughs/index.html#sthash.G1PAX3tH.dpuf
Washington Times | Eurozone unemployment rate hits record high of 11.9 percent but inflation drops below target
Italy’s voters gave their verdict on the austerity medicine they’ve been forced to take when they went to the polls earlier this week. By Friday, one of the reasons behind the protest was highlighted when the country’s unemployment hit its highest level in at least two decades.

Econ Comments & Analysis                                                                                            
Heritage Foundation | Who Earns the Minimum Wage? Suburban Teenagers, Not Single Parents
Most minimum-wage workers, however, are not poor. Congress should examine which workers—that would not lose their jobs—would benefit from a higher minimum wage.