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Friday, May 30, 2014

Employment

News                                                                                                                             
Bloomberg | Minimum Wage Increases Advance From California to Seattle
Unions and other advocates of higher minimum wages saw advances in California and Seattle as President Barack Obama’s call to raise the federal minimum languishes in Congress.
WSJ | Factory-Job Rebound Produces Winners, Losers
The U.S. has added about 650,000 factory jobs since their numbers rebounded after the recession, putting manufacturing workers at 12.1 million and reversing a long decline in such jobs. But uneven growth has created regional disparities in the nation's overall economic recovery.

Econ Comments & Analysis                                                                                            
Fortune | Congress fails the long-term unemployed, once again
May 31 will mark the expiration of the measure to renew emergency unemployment compensation from January through June that the Senate passed with bipartisan support early last month. The House has left the legislation for dead ever since.