News
CNN Money | Low-wage Delta workers in NYC set for raise
The push to raise wages for low-paid workers has arrived at New York's airports.
WSJ | Ignore the Unemployment Rate
At 8:30 a.m. Friday, the U.S. Bureau of Labor Statistics released its monthly employment report, as it does at the start of every month. As usual, the announcement was widely covered in the financial and mainstream media—a convenient hook for commentary about the state of the economy, the arc of the recovery and the future of the U.S.
Econ Comments & Analysis
WSJ | A Minimum Wage That Will Work
The president's call for a $10.10 minimum wage applies the worn-out notion that higher wages create more jobs. Despite repeated minimum-wage increases over the years, we have seen a continued flight to the sidelines by people who are unable to find jobs because they don't exist.
WSJ | Workers Shed Caution, in a Healthy Sign for Labor Market
The percentage who voluntarily left their job—the nation's "quit rate"—hit 1.8% in November, the highest in the recovery and up from a low of 1.2% in September 2009, according to the Labor Department. About 2.4 million workers resigned in November. Some retired or simply chose not to work. But most quit to hunt for a new job or because they had already found one.
