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Thursday, May 1, 2014

Employment

News                                                                                                                             
CNN Money | Class of 2014 faces tough job market
It's been about five years since the recession officially ended, but there is still a sizable group of young high school and college grads who are idle. Known as "disconnected youth," these under 25-year-olds are neither working, nor enrolled in college.
Bloomberg | Jobless Claims in U.S. Unexpectedly Climb to Nine-Week High
Applications for U.S. unemployment benefits unexpectedly climbed to a nine-week high, underscoring the difficulty adjusting the data for seasonal variations such as the Easter holiday and spring recess at schools.
Market Watch | Planned layoffs rise in April: Challenger
Announced layoffs rose in April, but the year-to-date tally is down from the comparable period in 2013, according to data released Thursday by outplacement consultancy Challenger, Gray & Christmas.
Market Watch | American teens don’t want to work
The number of teens with summer jobs has fallen roughly 30 percentage points since the late ‘70s. In 1978, nearly three in four teenagers (71.8%) ages 16 to 19 held a summer job, but as of last year, only about four in 10 teens did, according to data from the Bureau of Labor Statistics for the month of July analyzed by outplacement firm Challenger, Gray & Christmas .

Econ Comments & Analysis                                                                                            
Fortune | Wanted: 1.4 million new supply chain workers by 2018
The logistics industry has a recruiting problem. It's huge, making up 8.5% of GDP, and growing fast. But to most job seekers, it's misunderstood — or invisible.

Blogs                                                                                                                             
WSJ | Unemployment May Soon Drop to 3.8%, But Don’t Get Too Excited
Unemployment May Soon Drop to 3.8%, But Don’t Get Too Excited