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Tuesday, November 18, 2014

Employment

News                                                                                                                             
Real Clear Markets | Obama's War On Working Women
Now that the midterm elections are over, the Department of Labor is getting ready to release new proposed rules on overtime pay. These rules will fulfill President Obama'spromise to raise the salary level at which employers are required to pay overtime. In March, at the White House, the President said, "Overtime is a pretty simple idea: If you have to work more, you should get paid more."
Market Watch | Why long-term unemployed should not be ignored
Most people who have been out of work a long time still want a job and they should not be ignored when assessing the health of the U.S. labor market, a study says.

Blogs                                                                                                                             
Wall Street Journal | Long-Term Unemployment a Sign of Slack, NY Fed Economists Say
The long-term unemployed are just as much a part of the U.S. workforce as those jobless for shorter spells, and should not be discounted as policy makers try to assess much unused capacity remains, New York Fed economists write in a new blog post.