New York Times, January 13, 2012, Friday

New York Times

January 13, 2012, Friday

New York Times (full article)

New Laws Now Evaluated by Job Creation

Prof. John M. Abowd, a labor economist at Cornell, said that “labor markets are hugely dynamic,” with large numbers of jobs being created and destroyed even when the total level of employment stays roughly the same. For this reason, he said, it is often difficult to tell whether spending for a specific purpose directly creates jobs.