Thursday, January 8, 2015


Market Watch | Weekly U.S. jobless claims fall 4,000 to 294,000
The number of people who applied for U.S. unemployment benefits at the end of the year fell slightly and remained below the key 300,000 mark for the 16th time in 17 weeks, offering more proof that the labor market is still on the upswing.
Market Watch | Small businesses ramp up hiring, projecting big year in 2015
Small businesses are gearing up for a “promising” year in 2015 – and plans to hire among the strongest ever.

Econ Comments & Analysis                                                                                            
Forbes | Rises In The Minimum Wage Really Do Destroy Jobs
Such a pity for Steven Pearlstein that he writes a column on how raising the minimum wage only brings good things, that wages rise, kittens gambol again in the sunshine, there are not ill effects, just as a paper is published showing the ill effects of a rise in the minimum wage.