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Tuesday, March 4, 2014

Employment

News                                                                                                                             
FOX Business | Small Business Employment Flat in February
The index, based on data from more than 200,000 small business customers using Intuit and QuickBooks payroll software, showed no net job growth in February. In comparison, small businesses with fewer than 20 employees added 10,000 jobs in January.

Econ Comments & Analysis                                                                                            
Barrons | In Defense of the Official Jobless Rate
"When a great many people are unable to find work," former President Calvin Coolidge is supposed to have said, "unemployment results." The statement contains a grain of insight that today's critics of the jobless rate might heed.
WSJ | North Carolina Is a Case Study in Jobless-Benefits Cut
Long-term unemployment benefits ended in North Carolina in July, six months before the federal government ended $25 billion in long-term jobless benefits for all the other states at the start of the new year.
Mercatus | Minimum-Wage Hike Would Hurt Pennsylvania
President Obama recently chose Pennsylvania to tout his executive order raising the minimum wage for federal contractors. This comes as no surprise, considering a recent Franklin and Marshall poll finds one-third of Pennsylvanians view unemployment and the economy as the state's most important problem.