News
FOX Business | U.S. Jobless Claims Rise Less Than Expected Last Week
The number of Americans filing new claims for unemployment benefits rose less than expected last week, pointing to some underlying strength in the labor market.
WSJ | Developed Country Wage Growth Picks Up
Pay in developed economies grew at a slightly faster pace during the fourth quarter of 2013, but at a rate that indicates a key source of inflationary pressure remains weak, according to figures released by the Organization for Economic Cooperation and Development Thursday.
Econ Comments & Analysis
Forbes | American Prosperity Stems From More, Full Time, Middle Class Jobs And Wages, Not From Higher Minimum Wages
Like all of President Obama’s ideas and enthusiasms, the minimum wage law is not a new idea. It was first adopted in 1938. It never has been the foundation of American prosperity, or even a good way to fight poverty. Indeed, it does more to increase poverty than reduce it.
