Pages

Thursday, April 25, 2013

Employment

News                                                                                                                             
CNN Money | Jobless claims fall, point to improving job market
Amid a slew of gloomy economic news, here's a bright spot: Claims for unemployment benefits fell more than expected last week, pointing to slight improvement in the job market.
CNN Money | Unemployment misery deepens in Spain and Greece
The eurozone debt crisis extracted a heavy price in Spain and Greece to start the year as labor markets in both countries continued to shed jobs.
Washington Post | States with the biggest changes in jobless aid applications, and some reasons, at a glance
Weekly U.S. unemployment benefit applications fell 16,000 to a seasonally adjusted 339,000, the second-lowest level in more than five years. The decline suggests companies are laying off fewer workers and may step up hiring.

Blogs                                                                                                                             
Library of Economics | The Federal Pay Scale: Inflated Yet Compressed
Back in 2010, USA Today and other popular media loudly declared that federal employees were grossly overpaid.  Famed economist Peter Orszag swiftly denied this allegation on behalf of the Obama administration.
WSJ | High-Skilled Guest Workers Lower U.S. Wages, Study Finds
As Congress debates whether to grant more visas to high-skilled workers, a new study says contends that the influx leads to lower American wages.