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Friday, March 21, 2014

Employment

News                                                                                                                             
WSJ | Uneven Wage Gains Restrain Recovery
Wages are booming in some of the hottest segments of the economy, but those gains are masking an otherwise bleak picture for American incomes five years after the recession ended.

Econ Comments & Analysis                                                                                            
Fiscal Times | Long-Term Unemployed: The Ghosts of the Labor Market
In the years following the financial crisis, economists have been puzzled by a curious fact about the labor market in the U.S. With unemployment high – meaning there was an excess supply of labor – traditional models suggested that both wages and inflation should fall.
National Journal | Study: Long-Term Unemployed, If They Get a Job, More Likely to Leave Than Settle Into Labor Force
The situation for the long-term unemployed just keeps sounding worse. They're less likely to be called in for a job interview than someone who has been out of work for a shorter period of time, researchers found last year. And new research says that even if they get a job, their long unemployment spell is likely to continue hanging over them.
Wells Fargo | Labor Market Dynamics: Three Peeks Behind the Curtain
Behind the curtain awaits a wealth of data that provides decision makers a more sophisticated and much needed closer look at labor market dynamics.

Blogs                                                                                                                             
Heritage Foundation | How Many Layoffs Would a Higher Minimum Wage Lead To?
Bad news for minimum-wage workers: If President Obama succeeds in getting the federal minimum wage hiked to $10.10 an hour, some workers could lose their current jobs.