June 10, 2011 Headlines: Long-Term Unemployment, Inaction on Jobs, Sen. Casey on Manufacturing, and More
HuffPo: For the unemployed in this recession, it has taken double the average time to find a new job…or give up.
BW: Nine ideas borrowed from around the world to boost our economy.
McClatchy: Is there a new normal unemployment rate?
Here’s why Christine Lagarde of France may be the wrong pick to head the IMF: she soft pedals criticism of China’s currency manipulation (WSJ). That’s despite the fact that IMF staff say China has a long way to go (WSJ).
TNR: Will Obama pivot to jobs?
P-G: Senator Casey (D-PA) is focusing on manufacturing.
FT: China recorded a $13 billion trade surplus in May.
Yahoo: Is Obama’s manufacturing plan enough to boost employment in the sector?
NYT: Companies are spending more on equipment than employees, thanks to tax benefits.
Exposing fraud in Chinese investments (NYT). One fresh example here(WSJ).
USAT: Home equity at lowest level since World War II.
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