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Monday, October 6, 2014

Employment

News                                                                                                                             
CNN Money | Voters to decide on raising minimum wage
It's mostly been Democrats beating the drum to raise the minimum wage this year.

Econ Comments & Analysis                                                                                            
Real Clear Markets | Friday's Jobs Number Was So 2007
Imagine how you would feel if you were in the following situation. You're taking a trip on the U.S. Economy Bus Line. There are 319 million people on the bus with you. It has been a rough ride so far, with lots of lurching and swerving.
The Daily Signal | Why Can’t Employers Find People for These Jobs?
Good economic news has been rare enough the past few years that it’s easy to be skeptical when it appears. But data from the Bureau of Labor Statistics say job vacancies, economy-wide, rose 18 percent during the first half of 2014.

Blogs                                                                                                                             
Market Watch | Why strong hiring may continue through rest of the year
The U.S. economy has produced at least 200,000 new jobs in seven of the past eight months and all signs point to similarly strong hiring through the end of the year.
Wall Street Journal | Behind the U.S. Jobless Rate: More Job Gains Than Dropouts
As close fans of the monthly jobs report know, the unemployment rate can decline for two different reasons, broadly speaking: Either unemployed people find jobs and employment rises, or unemployed people give up entirely on the labor force and thus are excluded from the calculation.
Wall Street Journal | The Longer Run Is Here: U.S. Jobless Rate Falls Into Fed Forecast Range
The unemployment rate has finally reached the range in which Federal Reserve officials estimate the rate should settle in the longer run.