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Joblessness Across the U.S.: Unemployment Rates by State - Real Time Economics - WSJ
Follow the change in unemployment from the beginning of the current recession. Below, the state-by-state unemployment rate from the Bureau of Labor Statistics, seasonally adjusted.
Eurosclerosis Is U.S. Diagnosis Not Japan Stagnation (Update1) - Bloomberg.com
"Dec. 14 (Bloomberg) -- The U.S. may have avoided the Japanese disease of prolonged stagnation only to end up with a dose of eurosclerosis: chronically high unemployment in a growing economy. "
Calculated Risk: Housing Bust and Mobility
"A couple more articles on the impact of the housing bust on mobility ..."
Econbrowser: Commodity prices and the Fed
"I've been discussing possible explanations for the recent tendency of the dollar prices of commodities to move together. On Friday we received a very useful data point for distinguishing between the different hypotheses."
FT Alphaville » Blog Archive » Those unbelievable US payrolls
"Just how amazing were the US payroll numbers released on Friday?"
A Lost Decade for Private Sector Jobs - Real Time Economics - WSJ
"To mark this week’s focus on the dismal state of the U.S. job market, check out the following chart, which shows the trajectory of private sector U.S. employment since 1998. It tells a story of a lost decade for U.S. workers."
Michael Boskin: An Alternative Stimulus Plan - WSJ.com
"While the economy has finally started to grow, the disturbingly high unemployment rate is increasing pressure from the left to double down on this year's poorly designed fiscal stimulus bill. Since the stimulus bill was signed, the ranks of the unemployed have grown by over three million (over four million if involuntary part-time and discouraged workers are included). The unemployment rate, which the Obama administration projected the stimulus would contain at 8%, is now 10.2%."
Alan Blinder: How Washington Can Create Jobs - WSJ.com
"These are the times that try men's and women's souls. After dropping for four consecutive quarters, GDP has at last begun to rise, signaling the end of the Great Recession. But employment continues to fall, and the unemployment rate recently hit 10%—a rate we haven't experienced in a generation. It's no wonder Americans seem to have only three things on their mind right now: jobs, jobs and jobs."
The job market will rebound a lot sooner than you expect. - By Daniel Gross - Slate Magazine
"Like some gothic serial novelist, the Bureau of Labor Statistics delivers another chapter of the same grim tale on the first Friday of every month. In October, the unemployment rate spiked to 10.2 percent, the highest since April 1983. Since December 2007, payroll employment has fallen by 7.3 million jobs. The ratio of unemployed workers to job openings is 6.1 to 1; in December 2007, it was 1.7 to 1."
The Market Crash and Mass Layoffs: How the Current Economic Crisis May Affect Retirement
"Recent dramatic declines in U.S. stock and housing markets have led to widespread speculation that shrinking retirement accounts and falling home equity will lead workers to delay retirement. Yet the weakness in the labor market and its impact on retirement is often overlooked. "
Experts see rebounding economy shedding jobs
"Forget a jobless recovery. The economy may be entering a recovery with job losses."
macroblog: The growing case for a jobless recovery
"The Wall Street Journal repeats the unhappy news:"
Getting Back To Work - Forbes.com
"How to foster job creation and reverse the steep rise in unemployment."
Econbrowser: Will stimulating nominal aggregate demand solve our problems?
In which I join the ongoing debate on how much we should expect fiscal and monetary stimulus to accomplish.
Greg Mankiw's Blog: A Tax Credit for New Hiring?
"The New York Times reports that the some of our leaders in DC are considering a tax credit for companies that create new jobs. This is one of those ideas that pops up regularly when the economy is in recession. The devil is in the details, however, and the more one studies those details, the less attractive the proposal looks."
Jobs Vanish - Economix Blog - NYTimes.com
"The recession took a much larger toll on employment than was previously reported, the government said today."
Greg Mankiw's Blog: Unemployment Update
A look at recent behavior of the unemployment rate.
The September Jobs Report: A Scorecard - Real Time Economics - WSJ
First take on the jobs report, courtesy of Chris Rupkey, an economist at the Bank of Tokyo-Mitsubishi:
A History of Disappointments During Labor Market Recoveries - Real Time Economics - WSJ
The loss of 263,000 jobs in September, after the drop of 201,000 in August, is adding to doubts about the economic recovery. But how worrisome should the change in direction be? History shows that labor market recoveries usually experience several months in which the monthly figures worsen into negative territory after they had been improving. In almost every case, the longer trend resumes after that month.
Unemployment Confronts Obama Rhetoric With Chronic Joblessness - Bloomberg.com
Sept. 28 (Bloomberg) -- Full employment ain’t what it used to be.
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