News
National Journal | The Self-Perpetuating Problem of Long-Term Unemployment
Agwu Onwuka has been out of work for well over six months. He initially started looking for jobs like his last one, counseling people with disabilities. But as the months dragged on, he started submitting applications for retail jobs, cold-calling at office buildings, and visiting local nonprofit LIFT-DC for résumé help.
CNN Money | Five key numbers behind the jobs recovery
The U.S. economy is poised to add the most jobs since well before the start of the Great Recession.
Bloomberg | EADS to Cut 5,800 Jobs in Defense-Unit Revamp, Union Says
European Aeronautic, Defence & Space Co. (EAD) plans to trim 5,800 jobs as part of a a combination of space and defense assets as governments curtail spending.
Econ Comments & Analysis
NBER | Unemployment Insurance and Disability Insurance in the Great Recession
Disability insurance (DI) applications and awards are countercyclical. One potential explanation is that unemployed individuals who exhaust their Unemployment Insurance (UI) benefits use DI as a form of extended benefits.
Heritage Foundation | Heritage Employment Report: Slow Recovery Continues in November
The Bureau of Labor Statistics reported that the recovery continued at a steady pace in November. The unemployment rate fell 0.3 percentage point while employers created 203,000 jobs.
