June 10, 2011 Headlines: Long-Term Unemployment, Inaction on Jobs, Sen. Casey on Manufacturing, and More

Posted by smorgante on 06/10/2011

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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