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Thursday, June 6, 2013

Employment

News                                                                                                                             
Bloomberg | Firing Decline Helps Boost Consumer Confidence in U.S.: Economy
Applications for unemployment benefits declined last week and Americans’ views of the economy were the brightest since early 2008 on the heels of a housing market recovery and higher stock prices.

Econ Comments & Analysis                                                                                            
WSJ | The Hidden Jobless Disaster
The market tanked Wednesday on bad preliminary job news. And so, when Friday's jobs report is released, the unemployment rate and the number of new jobs will come in for close scrutiny. Then again, they always attract the most attention.
Washington Times | Working moms and unemployed dads
Between the baby boomers on one hand and Generations X, Y and Z on the other, cultural and economic changes have transformed the landscape of the culture. It’s difficult to wrap a description around what sociologists call a “cohort.”
Washington Post | Minority unemployment gap is still widening
Data from the Bureau of Labor Statistics show that the employment gap between young minorities and young whites continues to grow, reports Edward Wyckoff Williams, a contributing editor of The Root.

Blogs                                                                                                                             
Market Watch | What other May jobs data tell us about Friday’s payrolls report
The Labor Department produces the most widely read — and market-moving — jobs report, but they are not the only game in town. Here’s a look at what other indicators say about employment in May, and where they stand historically. See slideshow of what to watch in May payrolls.