News
CNN Money | HP to cut up to 16,000 more jobs
The ax is falling once again at Hewlett-Packard. HP announced Thursday that it will cut an additional 11,000 to 16,000 jobs, after previously revealing plans for 34,000 layoffs.
Econ Comments & Analysis
Forbes | People Support Raising The Minimum Wage Until Told The Costs
Once people make the link between the benefit (higher pay for some) and the cost (fewer jobs, higher prices) the level of support shrinks to a clear minority.
WSJ | Skilled Foreign Workers a Boon to Pay, Study Finds
The findings suggest an influx of foreign workers wouldn't hurt wages for the existing workforce, and would raise pay in many cases. The study follows a long line of research supporting the argument that skilled immigrants would boost the U.S. economy.
