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Friday, August 1, 2014

Employment

News                                                                                                                             
Politico | Employment report shows jobs growing at steady pace
The Labor Department said Friday that the economy added 209,000 jobs in July while the unemployment rate ticked up to 6.2 percent. While Friday’s jobs report was less robust than many economists had expected, it still helps paint a broad picture of a strengthening labor market.

Econ Comments & Analysis                                                                                            
CRS | Small Business Administration and Job Creation
This report examines the economic research on net job creation to identify the types of businesses that appear to create the most jobs. That research suggests that business startups play an important role in job creation, but have a more limited effect on net job creation over time because fewer than half of all startups are still in business after five years.

Blogs                                                                                                                             
WSJ: Real Time Economics | Economists React to July’s Jobs Report: ‘Not Weak, But…’
Economists were mixed in how they view the report: some have called it “encouraging,” while others consider it “disappointing.”