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Wednesday, May 14, 2014

Employment

News                                                                                                                             
CNN Money | Washington state defies minimum wage logic
Small businesses, often called the engine of the U.S. economy, find themselves at the heart of the debate. Critics of a wage hike say that raising the minimum wage too high and too fast could put them out of business.

Econ Comments & Analysis                                                                                            
Real Clear Markets | America's Increasingly Irrelevant 'Unemployment Rate'
Once upon a time in America, grown men were expected to work a job, women were expected to stay home with the kids, and families were expected to cover expenses with their own earnings. There was no welfare state to step in for the unfortunate, or the feckless. This was the land for which the "unemployment rate" was invented.