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Wednesday, December 11, 2013

Employment

News                                                                                                                             
CNN Money | 1.3 million set to lose jobless benefits
It's not looking good for 1.3 million long-term unemployed workers who were overlooked by a budget deal reached by key lawmakers late Tuesday.

Econ Comments & Analysis                                                                                            
AEI | More than the minimum wage
Minimum-wage fever is gripping the nation — again. President Obama proposed an increase in the minimum wage from its current level, $7.25 per hour, to $9 per hour in his 2013 State of the Union address, and in his December 4 speech on economic mobility he pledged “to keep pushing until we get a higher minimum wage for hard-working Americans across the entire country.”

Blogs                                                                                                                             
WSJ | Is Job Market Stronger Than Fed Thinks?
Sustaining the recent pace of payrolls gains into 2014 will depend on consumers and businesses increasing their spending. But two reports released Tuesday confirm the demand for labor is picking up at least for this quarter.