News
Politico | Senate Dems begin minimum-wage push
Shortly after passing the Employment Non-Discrimination Act, Senate Democrats immediately turned their attention to raising the minimum wage.
Bloomberg | Payrolls Jump 204,000 as U.S. Economy Weathers Shutdown
American employers added more workers to payrolls in October than forecast by economists, betting that the world’s largest economy would weather the impact of the federal government shutdown.
Econ Comments & Analysis
Bloomberg | U.S. Manufacturing Only Has Jobs for the Skilled Few
Even with the recent strength in the U.S. manufacturing sector, labor-intensive industries won’t return to the U.S. as long as the huge labor compensation gaps persist with Asian and other developing countries. Sure, there will be niches created when quick delivery, changes in fashion and other developments require production to be close by.
Blogs
Market Watch | Temporary layoffs spike 448,000, and government says that still doesn’t capture shutdown impact
The jobs report was a stunner, and one reason it was so surprising is that the government shutdown evidently had such little impact on payrolls growth, which doubled expectations.
WSJ | Are New Jobs Good Jobs?
America’s job market appears to be picking up—but let’s not get carried away: A disproportionate share of the new jobs is in lower-paying sectors.
