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Wednesday, July 31, 2013

Employment

News                                                                                                                             
CNN Money | Private sector jobs growth stronger than expected
Private firms added 200,000 jobs in July, according to a report Wednesday from the payroll processing firm ADP. That's up slightly from an additional 198,000 jobs in June.
Bloomberg | Employment Costs in U.S. Rose Above Forecast in Second Quarter
Employment expenses in the U.S. grew faster than forecast in the second quarter as private industry spent more on wages.
CNN Money | Eurozone's employment crisis might have peaked
The eurozone -- plagued in recent years by sky-high joblessness and rampant youth unemployment -- might be turning a corner.

Econ Comments & Analysis                                                                                            
Forbes | Would A Higher Minimum Wage Help McDonald's Workers?
In the recent fury over a proposed budget for low-wage workers circulated by McDonald’s, Forbes contributor Laura Shin asked “Will the McDonald’s Employee Budget help Get the Minimum Wage Raised?” I hope not, but not just for the sake of McDonald’s customers and shareholders. I hope not for the sake of McDonald’s workers and for the sake of low-wage workers everywhere.

Blogs                                                                                                                             
Heritage Foundation | Keystone XL Jobs vs. Subsidized Green Jobs
President Obama criticized the job estimate numbers from the construction of the Keystone XL pipeline in an interview with The New York Times over the weekend, but if the president wants to complain about job creation, he should really take a look as his failed green jobs programs.
WSJ | Students Make College Towns’ Poverty Look Worse
College students living in off-campus housing have been throwing off poverty measures, according to a new report.