Friday, March 8, 2013

Employment

News                                                                                                                             
FOX Business | Google to Shed 1,200 More Jobs at Motorola Mobility
Google’s Motorola Mobility division began layoffs this week in a plan to axe 10% of the smartphone maker's workforce as it looks to streamline costs and return to profitability, according to a Wall Street Journal report Friday.
Market Watch | U.S. economy gains 236,000 jobs in February
The U.S. added 236,000 jobs in February and the unemployment rate fell to 7.7% from 7.9%, marking the lowest level since December 2008, in another sign that hiring and economic growth are gaining momentum.
Washington Times | Nancy Pelosi demands $10.10 per hour minimum wage
Democratic House Minority Leader Nancy Pelosi said that recent Wall Street gains mean one sure thing: The minimum wage should be hike to $10.10 per hour.

Econ Comments & Analysis                                                                                            
Forbes | The Cruel Things President Obama Is Doing To The Labor Market
President Obama’s proposal to increase the minimum wage and the health insurance employer mandate will combine to destroy job opportunities for young, unskilled workers in cities and towns across the country.

Blogs                                                                                                                             
WSJ | Quiz: Who Counts as Unemployed?
We pulled together 20 fictional cases to test your knowledge of labor force concepts. Your mission: Figure out where the following people should be classified in the labor force. Read closely; when it comes to jobs, details matter.