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Wednesday, April 10, 2013

Employment

News                                                                                                                             
CNN Money | Firms are firing less, but not hiring enough
Far fewer Americans are getting fired or laid off these days than they were in 2009. In fact, layoffs are back at their pre-recession lows.
Bloomberg | Job Openings at Five-Year High Signal U.S. Rebound: Economy
Job openings climbed in February to the highest level in almost five years, signaling U.S. employers were preparing to expand before federal government budget cuts took effect last month.

Econ Comments & Analysis                                                                                            
Forbes | Unemployment Is Really 14.3%--Not 7.6%
The current job-creation numbers are meaningfully below the level we might expect during a period of record corporate earnings and the reaching of new peaks in the major stock market indices.

Blogs                                                                                                                             
WSJ | Vital Signs Chart: Still 3 Job Seekers for Every Opening
Job openings reached a postrecession high in February. Employers had 3.9 million positions open, up 11% from a year earlier and the most since May 2008. With 12 million Americans unemployed in February, there were 3.1 job seekers for every opening.