News
FOX Business | Jobless Claims Fall as Labor Market Continues Improving
The number of Americans filing new claims for unemployment benefits fell slightly last week in line with the recent moderate pace of jobs growth.
Econ Comments & Analysis
Forbes | Nosebleed Youth Unemployment: Will The U.S. Follow The Sclerotic Lead Of Europe?
When the last reports came out showing that youth unemployment had reached 16.2 % in the United States, alarm bells began to be heard in some quarters. This is more than double the rate of unemployment of the adult population. The rate is fast approaching the average youth unemployment rate in Europe which stands at approximately 24%.
NBER | The Global Decline of the Labor Share
The stability of the labor share of income is a key foundation in macroeconomic models. We document, however, that the global labor share has significantly declined since the early 1980s, with the decline occurring within the large majority of countries and industries.
Blogs
CATO | Why Is European Unemployment So High?
With youth unemployment running at 35% in Italy and annual net pay for a young leather-cutter starting at around €18,000 ($24,000), fashion firms ought to have applicants beating down their doors. …
WSJ | In Your Twenties? Have a Job? Chances Are You’re Feeling Pretty Good
Though the economy has been adding jobs at a steady pace, the effects of the recovery haven’t been spread evenly. According to Bankrate.com’s most recent monthly Financial Security Index, older Americans have seen less improvement in job security and savings over the past year than those in their twenties.
