Pages

Wednesday, March 26, 2014

Employment

News                                                                                                                             
CNN Money | Pew: Online news organizations have created 5,000 jobs
How many reporting jobs have new online news organizations created? Pew Research Center has tried to put a number on it: 5,000.

Econ Comments & Analysis                                                                                            
WSJ | How America Loses a Job Every 43 Seconds
The first of next month is a big day for the U.S., and not because it's April Fools' Day. April 1 is when the U.S. Citizenship and Immigration Services begins accepting new H-1B visa petitions for 2015.
FOX Business | New Study Argues Long-Term Unemployed Don’t Put Much Pressure on Overall Jobs Market
The long-term unemployed, according to a new study, exert relatively little pressure on the overall economy and have a different effect on the macro economy than the short-term unemployed. This “unlucky subset of the unemployed”, it said, will more likely not find a job than find one.
The American | A National Minimum Wage Is a Bad Fit for Low-Cost Communities
A one-size-fits-all minimum wage, without any adjustments for the significant differences in the cost of living across the country, will disproportionately affect low-skilled workers in low-cost areas.

Blogs                                                                                                                             
WSJ | Where Did They Get a Raise Last Year?
Nationwide, the average growth of personal income slowed to 2.6% in 2013 from 4.3% in 2012, the report found. Residents in every state saw weaker income growth from a year earlier, ranging from a 7.6% rise in North Dakota to the 1.5% gain in West Virginia.
Café Hayek | More on How Minimum Wage Legislation Harms Even Employed Workers
The positive net returns of improved worker morale would be captured chiefly by each firm that raised its workers’ wages, no ‘publicness’ aspect of the efficiency gains from higher wages would prevent any firm that can profit from raising its workers’ wages from raising those wages.