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In China, 10% Boost to Minimum Wage Cuts Jobs By 1%, Paper Says

A Chinese worker gathers up sheep’s wool after it was processed and bleached at a factory near Zhangzhou, China.
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A 10% increase in

Source: http://blogs.wsj.com/economics/2014/10/23/in-china-10-boost-to-minimum-wage-cuts-jobs-by-1/?mod=WSJ_EC_RT_Blog

Want a Stable Job With Steadier Raises? Try Working for a Nonprofit

The nonprofit sector largely dodged massive job losses and weak wage growth experienced across most of the U.S. during the recession and first years of the economic recovery, new Labor Department data shows.

Source: http://blogs.wsj.com/economics/2014/10/20/want-a-stable-job-with-steadier-raises-try-working-for-a-nonprofit/?mod=WSJ_EC_RT_Blog

A Q&A With San Francisco Fed’s John Williams

San Francisco Federal Reserve Bank President John Williams

The Federal Reserve should end its bond-purchase program as planned at its policy mee

Source: http://blogs.wsj.com/economics/2014/10/19/a-qa-with-san-francisco-feds-john-williams/?mod=WSJBlog

Fed Chairwoman Yellen Inquires About How the Unemployed Find Jobs

CHELSEA, Mass.—Federal Reserve Chairwoman Janet Yellen on Thursday visited a nonprofit group here that helps unemployed people find work, and posed a question at the heart of the central bank’s debate over when to start raising interest rates.

Source: http://blogs.wsj.com/economics/2014/10/16/fed-chairwoman-yellen-inquires-about-how-the-unemployed-find-jobs/?mod=WSJBlog

Fed’s Williams Is Still On Board With Fed Raising Rates in Mid-2015

Federal Reserve Bank of San Francisco President John Williams said Thursday in a speech that if the economy meets his expectations, it is likely the U.S. central bank will be able to raise rates in the middle of next year.
“Based on my current forecast for economic growth, employment, and inflation, it would be appropriate to start raising the fed funds rate sometime in the middle of 2015,” Mr. Williams said. “We still have a way to go to get to full health,” and premature action would get in the way of the recovery effort, he said.

Source: http://blogs.wsj.com/economics/2014/10/09/feds-williams-current-outlook-still-points-to-mid-2015-rate-increases/?mod=marketbeat
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