NewsTrust - Jobs - Most Recent Stories: Opinion (Mainstream)

President Obama Should Seize the High Ground

Sun, 27 May 2012 00:00:00 -0700

New York Times - By Thomas Friedman - May. 27 (Opinion) - President Obama has quite a record of accomplishment to run on for re-election if he would only run on it. During a recent discussion in Seattle with a group of educators, one of them surprised me when she pointed out that even though their state did not win President Obama’s education “Race to the Top,” that program was critical in spurring education reform in Washington State. As I listened to her analysis, the thought occurred to me: I wonder how Barack Obama would do if he ran for president as himself. ... How he would do if he ran for re-election on all the things he’s accomplished but rarely speaks about.

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The Facebook Illusion

Sun, 27 May 2012 00:00:00 -0700

New York Times - By Ross Douthat - May. 27 (Opinion) - There were two grand illusions about the American economy in the first decade of the 21st century. One was the idea that housing prices were no longer tethered to normal economic trends, and instead would just keep going up and up. The second was the idea that in the age of Web 2.0, we were well on our way to figuring out how to make lots and lots of money on the Internet.

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Bain Capital and our screwed-up culture

Sat, 26 May 2012 00:00:00 -0700

Seattle Times - By Fromma Harrop - May. 26 (Opinion) - The problem is not the profession. It's what one does in the course of business. But even among those intent on making it big, people with a conscience will not cross certain lines. Bain blew across them.

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Obama’s remarks on worst job growth: Did he end it or should he own it?

Mon, 21 May 2012 00:00:00 -0700

Washington Post - By Josh Hicks - May. 21 - “The ideas that [Republicans are] putting forward have been tried. We tried them between 2000 and 2008, and it resulted in the most sluggish job growth that we’ve ever seen, resulted in all kinds of phony financial profits and debt, and resulted in the worst financial crisis and economic crisis we’ve seen since the 1930s.” Read full article ...

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Do You Want the Good News First?

Sat, 19 May 2012 00:00:00 -0700

New York Times - By Thomas L. Friedman - May. 19 (Opinion) - I’ve spent the last week traveling to two of America’s greatest innovation hubs — Silicon Valley and Seattle — and the trip left me feeling a combination of exhilaration and dread. The excitement comes from not only seeing the stunning amount of innovation emerging from the ground up, but from seeing the new tools coming on stream that are, as Amazon.com’s founder, Jeff Bezos, put it to me, “eliminating all the gatekeepers” — making it easier and cheaper than ever to publish your own book, start your own company and chase your own dream. Never have individuals been more empowered, and we’re still just at the start of this trend.

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Easy Useless Economics

Thu, 10 May 2012 00:00:00 -0700

New York Times - By Paul Krugman - May. 10 (Opinion) - So all this talk about structural unemployment isn't about facing up to our real problems; it's about avoiding them, and taking the easy, useless way out.

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The pace we've come to expect

Sun, 06 May 2012 00:00:00 -0700

Economist - By G.I. - May. 06 (Opinion) - For the second month in a row, America’s labour market has disappointed, once again raising questions about whether the economic recovery is truly entrenched. Nonfarm payrolls rose just 115,000 in April from March. While the unemployment rate dipped to 8.1%, the lowest since early 2009, from 8.2%, it did so for the wrong reason: the labour force (those working or looking for work) shrank by 342,000. Private payrolls rose 130,000, but government payrolls shrank, something of a setback because the state and local government austerity that had created such a drag in the past two years had shown signs of easing this year. However, manufacturing payrolls did rise again, suggesting that the industrial sector, and exports in particular, remain a bright spot. Retail employment also recovered, suggesting the recent rise in petrol prices to around $4 a gallon has yet to take a big bite out of the consumer.

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The incredible shrinking labor force

Sat, 05 May 2012 00:00:00 -0700

Washington Post - By Brad Plumer - May. 05 (Opinion) - If the same percentage of adults were in the workforce today as when Barack Obama took office, the unemployment rate would be 11.1 percent. If the percentage was where it was when George W. Bush took office, the unemployment rate would be 13.2 percent. That helps explain a seeming contradiction in the unemployment numbers: The rate keeps dropping even though job creation has been soft. In April, the U.S. economy added a mere 115,000 jobs, according to the Bureau of Labor Statistics. In a normal month, that wouldn’t even be enough to keep up with new entrants into the labor market. But in this economy, it was enough to drive unemployment from 8.2 percent down to 8.1 percent, the lowest point since January 2009. The reason why resides in a little-watched measure known as the “labor force participation rate.” That tracks the number of working-age Americans who are either holding a job or looking for one. Between March and April, it dropped. A lot. There were 342,000 fewer Americans sending ...

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The Vanishing Workers

Sat, 05 May 2012 00:00:00 -0700

Wall Street Journal - May. 05 (Editorial) - The economy turned in another lackluster month for job creation in April, with 115,000 net new jobs, 130,000 in private business (less 15,000 fewer in government). The unemployment rate fell a tick to 8.1%, albeit mainly because the labor force shrank by 342,000. This relates to what is arguably the most troubling trend in the April jobs report, which is the continuing decline in the share of working-age Americans who are in the labor force. The civilian labor participation rate, as it's known, fell again in April to 63.6%. That's the second decline in a row and the lowest rate since December 1981. That's right—more than 30 years ago, longer than Mark Zuckerberg has been alive. The nearby chart shows the disturbing round trip the workforce participation rate has taken since 1980 and the precipitous drop in the last three years.

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Amnesty says veil bans rob Muslims of jobs, education

Tue, 24 Apr 2012 19:29:25 -0700

Reuters - Apr. 24 - LONDON (Reuters) - Bans on full-face veils in France and Belgium and a failure by other European countries to stop employers from enforcing informal dress codes means Muslim women are being denied jobs

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Op-Ed Columnist: The Amnesia Candidate

Sun, 22 Apr 2012 00:00:00 -0700

New York Times - By Paul Krugman - Apr. 22 (Opinion) - Does the Romney campaign really expect Americans to blame President Obama for his predecessor’s policy failure?

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Obama talks jobs, tax cuts in Ohio

Wed, 18 Apr 2012 19:21:22 -0700

Washington Post - Apr. 18 - Plain DealerObama talks jobs, tax cuts in OhioWashington PostObama combined his re-election campaign themes with a pitch for government funding for job training and research, saying “these investments aren't part of some grand scheme to redistribute wealth.” Republicans, he said, propose to “gut” the budget in ...President Obama calls jobs the central issue of our time during speech at ...Plain DealerNo 'Silver Spoon' Here: Obama in Ohio Draws Contrast with GOP on Jobs AidABC News (blog)President Obama Talks Jobs in Lorain CountyCleveland News - Fox 8Examiner.com -Ohio News Network -Chronicle-Telegramall 496 news articles »

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With unemployment still high, H1-B visa requests rise again

Tue, 10 Apr 2012 00:00:00 -0700

Seattle Times - By Jon Talton - Apr. 10 (Opinion) - Nearly every week, I get an email from a skilled American worker who can't find work in the technology industries. Now comes a report, via the Wall Street Journal, that the government has received 25,600 petitions for H-1B skilled-worker visas since April 2. That's a rate twice as high as that for all of April last year.

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Op-Ed Columnist: Not Enough Inflation

Thu, 05 Apr 2012 00:00:00 -0700

New York Times - By Paul Krugman - Apr. 05 (Opinion) - Republican attacks on Ben Bernanke, the Federal Reserve chairman, are a destructive effort to bully the Fed into doing exactly the wrong thing.

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Jobs recovery: Good news for Obama, bad for Romney

Sat, 10 Mar 2012 00:00:00 -0800

Christian Science Monitor - By Robert Reich - Mar. 10 (Opinion) - Jobs are coming back fast enough to blunt Republican attacks against Obama on the economy and to rob Romney of the issue he’d prefer to be talking about in his primary battle against social conservatives in the GOP. But are jobs growing fast enough? ...

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Op-Ed Columnist: In Athens, Austerity’s Ugliness

Wed, 07 Mar 2012 00:00:00 -0800

New York Times - By Nicholas D. Kristof - Mar. 07 (Opinion) - The effects of slashed budgets in Greece, without much in the way other reforms, are leaving a sense of doom.

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Op-Ed Columnist: What Ails Europe?

Sun, 26 Feb 2012 00:00:00 -0800

New York Times - By Paul Krugman - Feb. 26 (Opinion) - The two common explanations — call it the Republican narrative and the German narrative — are just wrong.

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Op-Ed Contributor: Chinese Labor, Cheap No More

Sat, 18 Feb 2012 00:00:00 -0800

New York Times - By Michelle Loyalka, New York Times - Feb. 18 (Opinion) - The cheap labor that has made China’s factories nearly unbeatable is not so cheap anymore.

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American family decline: It's about money, not morals

Sat, 11 Feb 2012 00:00:00 -0800

Seattle Times - By Paul Krugman - Feb. 11 (Opinion) - Something is happening to the traditional working-class family. The question is what, writes Paul Krugman. It is amazing how quickly conservatives dismiss the obvious answer: a drastic reduction in the work opportunities available to less-educated men.

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Money and Morals

Fri, 10 Feb 2012 00:00:00 -0800

New York Times - By Paul Krugman - Feb. 10 (Opinion) - Conservatives have started telling us that the growing inequality is about a decline in morals. But it’s mainly about money.

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Op-Ed Columnist: Things Are Not O.K.

Sun, 05 Feb 2012 00:00:00 -0800

New York Times - By Paul Krugman - Feb. 05 (Opinion) - The unemployment report was genuinely good, but there’s a downside: the calls to stop focusing on job creation.

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The Big Lie: “Rich People Create Jobs”

Fri, 03 Feb 2012 00:00:00 -0800

Yahoo! News - By Nick Hanauer - Feb. 03 (Opinion) - One of the most commonly repeated theories about job-creation is that "rich people create jobs"--specifically, rich investors and entrepreneurs who build companies that eventually employ hundreds or thousands of Americans. This theory is often used to justify very low taxes on investors and high-income earners, under the theory that such folks have to be given an incentive to "create jobs." But the trouble with the theory, says Nick Hanauer, is that it's just wrong.

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The Austerity Debacle

Mon, 30 Jan 2012 00:00:00 -0800

New York Times - By Paul Krugman - Jan. 30 (Opinion) - Britain is doing worse this time than it did during the Great Depression. Four years into the Depression, British G.D.P. had regained its previous peak; four years after the Great Recession began, Britain is nowhere close to regaining its lost ground.

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Op-Ed Columnist: Jobs, Jobs and Cars

Thu, 26 Jan 2012 00:00:00 -0800

New York Times - By Paul Krugman - Jan. 26 (Opinion) - Gov. Mitch Daniels got so much wrong in his reply to the president State of the Union address. To really create jobs, it takes a cluster, not just heroes.

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Daily Show: Fear Factory

Mon, 23 Jan 2012 00:00:00 -0800

Daily Show - By Jon Stewart - Jan. 23 (Comedy News) - If America wants to compete with China, then it will have to make its factories more like Foxconn's.

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