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Wednesday, June 4, 2014

Employment

News                                                                                                                             
CNN Money | U.S. soon to recover all jobs lost in crisis
Set your sights on this number: 113,000. That's how many jobs the U.S. economy needs to hit its break-even point, to finally recover all the jobs lost in the financial crisis.
Bloomberg | Companies Add Fewer Workers Than Forecast, ADP Data Show
Companies in the U.S. added fewer jobs than forecast in May, a sign of uneven progress in the labor market, a private report based on payrolls showed.

Blogs                                                                                                                             
WSJ | Seattle’s Very Big — and Very Complex — Wage Jump
Seattle Mayor Ed Murray signed one of the country’s most generous — and complicated — minimum wage rules into law Tuesday, and it’s already drawing the ire of some businesses and at least one threat of legal action.
Daily Signal | The Job Killer You Probably Haven’t Heard About
American taxpayers’ money is at risk—backing loans to foreign governments and businesses to buy products from politically favored U.S. companies. This is killing jobs in several American industries.
CATO | Federal Employment by Department
We’ve learned about what a huge and dysfunctional agency Veterans Affairs is in recent weeks. I had not realized that the agency added 100,000 workers in just the past seven years.