News
Politico | Outlook dims for jobless benefits
Urgent bipartisan negotiations in the Senate to extend emergency unemployment benefits blew up on Thursday, placing the future of the jobless aid in doubt.
CNN Money | Jobless workers plead with Congress for help
Charece Peterson is among dozens of jobless workers who knocked on the doors of members of Congress this week, pushing to reinstate unemployment insurance.
Bloomberg | Payrolls Rise Less Than Forecast; Unemployment at 6.7%
Payrolls increased in December at the slowest pace in almost three years, indicating a pause in the recent strength of the U.S. labor market that may partly reflect the effects of bad weather.
Econ Comments & Analysis
CATO | Expand Jobs Not Jobless Benefits
For the past few weeks, the country has been having a lively discussion about jobs and unemployment benefits. It’s an important discussion to have. The nation is enduring the weakest recovery since the Great Depression, 11 million people remain unemployed, and millions more have dropped out of the labor force.
Blogs
WSJ | 5 Takeaways from December Employment Report
Despite high hopes for a barn-burning employment gain, December payrolls rose just 74,000, well below the 200,000 expected by forecasters. The details also look weak, but the good news is that some of the drag looks temporary and January job growth should bounce back.
