Thursday, October 2, 2014


Bloomberg | Jobless Claims in U.S. Unexpectedly Decreased Last Week
The number of Americans who filed applications for unemployment benefits last week unexpectedly fell, a sign the job market is making more headway.
Fox News | Five reasons Americans can’t find jobs
Friday, the Labor Department is expected to report the economy added about 215,000 jobs in September, about half of what is needed each month to bring unemployment down to pre-financial crisis levels.
Bloomberg | Workers in Part-Time Limbo Point to U.S. Job-Market Slack
The labor-market recovery that Federal Reserve ChairJanet Yellen seeks is proving incomplete as many U.S. workers languish in part-time jobs.
Wall Street Journal | Business Graduates Show Least Interest in Their Work, Poll Finds
Business is the most popular course of undergraduate study at U.S. colleges and universities. It is also the one most likely to produce people bored with their jobs.

Econ Comments & Analysis                                                                                            
Fox Business | Technology is Not Destroying Middle-Class Jobs
As far back as I can remember I’ve heard that jobs will be replaced by technology. I heard it when I was a kid growing up on a steady diet of sci-fi books in the '60s.

Market Watch | Small-business employment sees strongest gain of the year
Here’s another positive indicator on the jobs front: A measure of small-business employment is the best of the year.
Wall Street Journal | Unemployment Hurts Happiness More Than Modest Inflation, New Paper Says
Unemployment is much more damaging to society than moderate levels of inflation, making central bankers’ disproportionate focus on the level of consumer price growth misguided, a former Bank of England rate-setter now at Dartmouth College writes in a new paper.