Mitt Romney praises Meg Whitman as she prepares to lay off 30,000 workers
If Mitt Romney shares Meg Whitman's vision of "Jobs for America" ... you'd better watch out.
(Brian Snyder/Reuters)
Meg Whitman never said she liked to fire people, but on the same day that news of her plans to lay off 30,000 Hewlett-Packard employee...
Slapping down Mitt Romney’s job creation claims, yet again
Mitt Romney (Scott Audette/Reuters)
Early in the primaries, Mitt Romney insisted he had created 100,000 jobs through his work at Bain Capital, but faced with stiff challenges to that number from his Republican primary rivals and the media, his job cr...
Private-sector jobs grew far more under Democratic than Republican presidents, 1961-2012
Picture. A thousand words. Etc. The instant any Democrat uses this chart showing that between 1961 and 2012, the United States added 42 million private-sector jobs under Democratic presidents and 23.9 million private-sector jobs under Republican presi...
Open thread for night owls: A reduced labor force is a lousy way to cut the unemployment rate
Felix Salmon writes about today's mediocre jobs report:
[The chart below] is just petrifying. The participation rate started falling after the dot-com bust, leveled off during the credit boom (but never really rose much), and then fell off a cliff whe...
Another month of weak job growth as the official unemployment rate drops to 8.1%. U6 at 14.5%
In a new report certain to generate consternation in the stock market and the White House but private glee in the Republican Party, the Bureau of Labor Statistics announced Friday that the private sector generated a seasonally adjusted 130,000 jobs in ...
Champagne compensation for CEOs, near-beer wages for workers
CEO-to-worker compensation ratio, with options
granted and options realized, 1965–2011
"Options granted" compensation includes salary, bonus, restricted stock grants, options granted and long-term incentive payouts for CEOs at the top 350 firm...
Wage growth decline adds drag to economic recovery
(National Employment Law Project)
Whatever is shown by the numbers of Friday's much-awaited April jobs report, the analysts will be digging into them like a Roman seer pawing through rabbit entrails for evidence of the direction of the labor market a...
U.S.-based multinationals creating lots of jobs, but 75% of them overseas
For more than two decades, U.S. companies have been creating vast numbers of new jobs—overseas. Even as Americans suffered under nearly double-digit levels of unemployment in 2010, those companies were creating 1.4 million new jobs abroad and fewer ...
Initial unemployment claims holding steady at higher level
(Calculated Risk)
After months of falling, first time claims for unemployment benefits have been on the rise for three consecutive weeks and are now running higher than at any time since the first week of January. For the week that ended April 21, se...
