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Monday, April 28, 2014

Employment

News                                                                                                                             
CNN Money | Minimum wage: Congress stalls, states act
Odds remain low that Congress will raise the $7.25 federal minimum wage anytime soon. But the issue will be revisited in coming days as the Senate takes up a bill to increase it to $10.10 an hour. And President Obama and congressional Democrats plan to push the issue on the campaign trail ahead of the November mid-term elections.

Econ Comments & Analysis                                                                                            
Fortune | How Corporate America can create better jobs
It's possible if you look at companies such as Southwest Airlines and Costco that provide great returns to shareholders and great jobs for employees. 

Blogs                                                                                                                             
WSJ | More Stay-At-Home Dads Finding Jobs
The number of married couples where a mother is employed but the father isn’t slipped to just over 1.45 million in 2013, the Labor Department said Friday, down from about 1.5 million the prior year and a peak of nearly 1.79 million in 2009.
WSJ | Fact Check: Does Private Equity Kill Jobs?
In 2013, private equity firms owned or otherwise backed more than 17,000 U.S. companies employing about 7.5 million people. Yet despite its reach—and the drubbing it received when former Bain Capital executive Mitt Romney ran for president in 2012—little research has been conducted to understand private equity’s effects on workers.