News
CNBC | May JOLTS report little changed from April
Job openings increased to 4.6 million from 4.5 million in April, the bureau said. The 4.7 million hires in May and 4.5 million total separations, including quits, layoffs and discharges, were both little changed from April.
Blogs
WSJ | Job Openings Rise to 7-Year High, but Hiring Notches Scant Gains
The number of job openings in the U.S. economy climbed to the highest level in 7 years, even as the number of people being hired was little changed from recent months, according to the Department of Labor‘s monthly job openings and labor turnover survey, known as JOLTS.
Library of Economics | Economics Never Stops: What's Missing from the Minimum Wage Debate?
In yesterday's Wall Street Journal, David Neumark argued that even though "modest increases" in the minimum wage won't have large disemployment effects, the minimum wage is a poorly-targeted anti-poverty measure: "Minimum wages are ineffective at helping poor families because such a small share of the benefits flow to them."
