News
CNN Money | Business hiring picks up
Businesses added 188,000 jobs in June, according to the ADP National Employment Report, up from 134,000 jobs added in May.
Bloomberg | Jobless Claims in U.S. Fall by 5,000 in Week to June 29
Jobless claims decreased by 5,000 to 343,000 in the week ended June 29 from a revised 348,000 in the prior period that was higher than initially reported, the Labor Department said today in Washington.
Washington Times | Immigrants account for all job gains since 2000: native-born workers’ employment has fallen
Immigrants — both legal and illegal — have accounted for all of the job gains in the U.S. labor market since 2000, according to a report that highlights the stiff competition for jobs in a tight economy as Congress debates adding more workers to the mix.
Econ Comments & Analysis
LA Times | For more jobs, fix the corporate tax code
The May jobs report shows that the American economy added 175,000 positions. Positive employment growth is welcome news, of course. But May's gains weren't big enough to make a dent in the national joblessness rate, which actually ticked up to 7.6%.
