News
Bloomberg | Part-Time Jobs Surge Takes Little Away From U.S. Labor Recovery
A surge in part-time employment that was behind last month’s drop in the U.S. jobless rate takes little away from the overall picture of steady progress in the labor markets, economists say.
Market Watch | Why you’ll get a raise earlier than you think
Hiring is picking up, and the labor market is resembling that of late 2004 and 2005, right before the last cyclical move in wages. Add in the rising number of regions where full employment (about a 5.5% unemployment rate) is here or at hand, and the picture comes into better focus.
WSJ | Help Wanted: Jobs in Trucking Go Unfilled
Something strange is afoot in long-distance trucking that is also bedeviling other industries: Many jobs that pay well—and don't require expensive degrees—are going unfilled for months.
Washington Times | Global labor imbalance: Some countries see a surplus of jobs while others see higher unemployment
While it has had no trouble filling giant soccer stadiums for this summer’s World Cup, host country Brazil may not find it as easy to fill jobs for its economy in the decades to come.
Daily Signal | Organization Pushes for Ballot Referendum on Seattle $15 Minimum Wage
In Seattle, a grassroots organization has submitted a petition complete with nearly 20,000 signatures—well above the 16,000 signature prerequisite, calling for a ballot referendum to repeal the city’s minimum wage hike, which will eventually increase the hourly wage to $15 an hour.
Econ Comments & Analysis
Fiscal Times | Get Off the Dole and Get a Job: Ben Carson
Get a job. Weed a garden, wash cars, pick vegetables – whatever you have to do to make a living and avoid being on the dole. It can help save the U.S.A. - See more at: http://www.thefiscaltimes.com/Articles/2014/07/07/Get-Dole-and-Get-Job-Ben-Carson#sthash.GF4tH9Pl.dpuf
Blogs
WSJ | Fewer People Are Quitting Their Jobs, And Why That’s Not Good
Payroll growth finally has taken off this year, rising solidly above 200,000 jobs per month in the first six months. But what lies beneath the headline number says a lot about the economic outlook. Economists at Goldman Sachs et out to gauge how dynamic the current labor markets are.
