News
CNN Money | Key report on jobs at risk in shutdown
The closely-watched monthly jobs report set for release on Friday could be delayed if the federal government shuts down.
FOX Business | Siemens to Slash 15,000 Jobs
Siemens (SI) revealed plans to cut a total of 15,000 jobs worldwide before the end of its next fiscal year, as the German industrial company moves forward with a two-year restructuring program.
CNN Money | Is Obamacare a jobs killer?
Nine out of 14 economists polled by CNNMoney said businesses are putting off hiring in light of health care reform, which stipulates that employers with 50 or more workers provide affordable health insurance starting in 2015.
Econ Comments & Analysis
Mercatus | Tale of Two Labor Markets in Virginia
Virginia has weathered the labor market turmoil of the past five years much better than other states have. Its mid-year unemployment rate was 5.5 percent, compared to 7.6 percent nationally. But there are two distinct labor markets in Virginia — (1) persons employed directly or indirectly by the public sector, and (2) Virginia’s “real” private sector. While the former — highly concentrated in the suburbs of D.C. — prospered during the Great Recession and continues to flourish, the latter is struggling.
