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Thursday, September 26, 2013

Employment

News                                                                                                                             
Bloomberg | Labor Estimate Shows U.S. Payrolls Revised Up in Year to March
The Labor Department’s preliminary estimate of employment in the year ended March 2013 was revised up by 345,000 workers, reflecting the addition of employees who weren’t previously counted in the monthly payrolls report.
CNN Money | California raises minimum wage to $10
Millions of California's hourly workers will become among of the best paid in the country next year under a new minimum wage law enacted Wednesday.
Bloomberg | Jobless Claims in U.S. Unexpectedly Decline to 305,000
The number of Americans filing applications for unemployment benefits unexpectedly declined last week, showing further progress in the labor market.

Blogs                                                                                                                             
WSJ | What Happens to Jobs Report if Government Shuts Down?
Federal bureaucrats are scrambling to determine which government functions should be deemed “essential” in the event of a partial government shutdown. Next week’s employment report seems to lie squarely on the chopping block.