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Wednesday, November 6, 2013

Employment

News                                                                                                                             
CNN Money | Starbucks to hire 10,000 vets and military spouses
Former Defense Secretary Robert Gates was appointed to Starbucks’ board of directors last year. He told CNN's Poppy Harlow, "We know that many men and women who have served in Iraq and Afghanistan have had a difficult time finding career-fulfilling kinds of positions. Over the next five years another million men and women will come out of the military and enter civilian life."
Market Watch | Planned layoffs up 13.5% in October: Challenger
Planned layoffs climbed to 45,730 in October, up 13.5% from September but down 4.2% from the same month of 2012, according to Challenger, Gray & Christmas.
WSJ | Elite Grads in Business Flock to Tech
A record number of business school graduates from top schools are choosing jobs in the technology sector, as interest in finance continues to show marked declines. Melissa Korn reports on the News Hub. Photo: Philip Montgomery for The Wall Street Journal.
CNBC | US planned layoffs rise in October: Challenger report
The number of planned layoffs at U.S. firms rose 13.5 percent in October on cuts in the pharmaceutical and financial sectors, a report on Wednesday showed.

Blogs                                                                                                                             
Library of Economics | The Decline of Creative Destruction
At first glance, this confirms a quarter-century of steadily declining creative destruction - falling job creation and job destruction.  On closer look, though, there was little trend until the small recession of the early 2000s.  Since then, however, creative destruction has relentlessly fallen.