News
Market Watch | U.S. hiring plans steady in second quarter
Employers are expecting to hold hiring steady in the second quarter, with gains in a wide variety of industries and across the country, according to Manpower’s employment-outlook survey released Tuesday.
Econ Comments & Analysis
Washington Times | Sequestration myth
The head of the Obama White House National Economic Council, Gene Sperling, who is a lawyer, has been claiming that “all economists” agree that sequestration will cost 750,000 jobs.
LA Times | Why we shouldn't raise the minimum wage
In announcing his wrongheaded proposal to increase the minimum wage to $9 an hour, President Obama spoke in lofty terms: "In the wealthiest nation on Earth," he said in his State of the Union address last month, "no one who works full time should have to live in poverty."
Blogs
Library of Economics | The Myopic Empiricism of the Minimum Wage
Unlike most opponents of the minimum wage, I admit that David Card and Alan Krueger's famous research on the topic is well-done. How then can I continue to embrace (and teach!) the textbook view that the minimum wage significantly reduces employment of low-skilled workers?
