Saturday, October 3, 2015

US Labor Market Conditions

What is the actual unemployment rate in the US?
http://www.cnbc.com/2015/10/02/chart-whats-the-real-unemployment-rate.html

Extent of Jobs Shortfall
http://www.bloombergview.com/articles/2015-10-02/the-u-s-still-needs-2-7-million-jobs

Clustering and Modern Urban Centers

A fascinating BBC feature on the power of London –

Why do skilled workers cluster in key urban centers?
https://www.philadelphiafed.org/-/media/research-and-data/publications/business-review/2015/q3/brq315_big_cities_and_the_highly_educated.pdf

Useful Career Advice for College Graduates

What do Leading Companies Look for in Potential Employees?
Some interesting insights from Google’s chief recruiter:
“For every job, though, the No. 1 thing we look for is general cognitive ability, and it’s not I.Q. It’s learning ability. It’s the ability to process on the fly. It’s the ability to pull together disparate bits of information.”  

Advice from the The Economist – Get a Master’s degree but don’t waste time on a PhD
http://www.economist.com/node/17723223

Portuguese Economic Recovery

An entrepreneurship led recovery
http://www.spiegel.de/international/europe/young-entrepreneurs-lead-portugal-out-of-crisis-a-1055954.html

Olivier Blanchard and the Evolution of Modern Macroeconomics

A profile of outgoing IMF Chief Economist Blanchard (formerly, Chair of MIT Economics Department) covers a lot of ground:
http://www.washingtonpost.com/business/the-smartest-economist-youve-never-heard-of/2015/10/02/8659bcf2-6786-11e5-8325-a42b5a459b1e_story.html