Monday, August 18, 2014


Bloomberg | Texas Led Payroll Increases in 36 U.S. States in July
Texas led the nation with a 46,600 increase in payrolls, followed by California with 27,700 more jobs, figures from the Labor Department showed today in Washington. The jobless rate increased in 30 states.

Econ Comments & Analysis                                                                                            
Real Clear Markets | Sorry, But a Job Isn't An Instrument for Social Justice
In the U.S. labor market today a battle is being waged over the purpose of a job. One might think the point of a job is that the employer needs tasks completed and is willing to pay someone to perform said tasks. However, a fierce challenge is being mounted to such an idea and the outcome is currently uncertain.