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Thursday, January 16, 2014

Employment

News                                                                                                                             
National Journal | The 5 Most and Least Generous States for Unemployment Insurance
Congress isn't any closer to extending unemployment insurance for Americans who have been out of work for over 26 weeks. Still, millions of people actively searching for jobs still depend on the funds from their respective states.
Bloomberg | Jobless Claims in U.S. Fall to Lowest in More Than a Month
Fewer Americans filed applications for unemployment benefits last week, a sign the labor market continues to strengthen.

Econ Comments & Analysis                                                                                            
CNN Money | Will a higher minimum wage really reduce income inequality?
Raising the federal minimum wage could help bring many low-wage workers above the poverty line. It also could help restore the value of the minimum wage, which hasn't kept pace with inflation over the past 40 years. But can it really address income inequality?

Blogs                                                                                                                             
Library of Economics | Is Losing Your Job in Your Economic Self-Interest?
"Fear is Why Workers in Red States Vote Against Their Economic Self-Interest" is the title Robert Reich gives yesterday's post on his site. Reich starts by addressing why no one in West Virginia complained [I'm taking his word for it that no one complained, although I'm not sure how he knows] about dangerous chemicals getting into the water supply.