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Wednesday, October 23, 2013

Employment

News                                                                                                                             
FOX News | Almost 6 million young Americans out of school, work, study says
Other studies have shown that idle young adults are missing out on a window to build skills they will need later in life or use the knowledge they acquired in college. Without those experiences, they are less likely to command higher salaries and more likely to be an economic drain on their communities.

Econ Comments & Analysis                                                                                            
WSJ | 90 Million Americans Not Working
Maybe the Bureau of Labor Statistics should have skipped a month because the belated September jobs report it issued Tuesday after the government shutdown wasn't worth the wait.
Heritage Foundation | September Employment Report Sluggish Labor Market Recovery
The Bureau of Labor Statistics (BLS) reports that the sluggish recovery continued in September. Private-sector employers added just 126,000 jobs, while the unemployment rate dropped a statistically insignificant 0.1 percentage points.

Blogs                                                                                                                             
Economist | Still sluggish
When the Federal Reserve began open-ended bond buying with newly printed money last fall, it hoped to generate forward momentum in the labour market. And as recently as August it seemed to have succeeded. But the recent data suggest a frustrating reversal of that momentum, with no clear explanation.
WSJ | Wary Employers Turn to Temp Workers
The temporary-help business notched respectable gains in September but the industry is feeling businesses’ reluctance to commit to even short-term workers.