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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


The New York Times Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
The U.S. Labor Dept. reported that nonfarm payrolls increased by 243,000 in January 2011. Of this number the private sector made 257,000 job additions and the government sector suffered job losses of 14,000. The professional-business-services industry added 70,000 jobs, including an increase in temporary workers. Manufacturing employment went up by 50,000 jobs. The unemployment rate dropped by two tenths of a percentage point to 8.3%. Another measure of unemployment the U-6 rate which includes job seekers and those in part time jobs went down by one percentage point to 15.1%. The U-6 reached a high of 17.1% in Sept. 2010.
WSJ Original article ›
LyrArc Article Gist
The workforce participation rate reached a high of 84.5% in 2023. WSJ points to how the flexibility to work from home, remote work, is playing a role in bringing more women, and men into the workforce. More jobs are being created 275,000 in February, and the economy is resilient with inflation coming under control with a larger supply of labor productively used in the economy. Additional immigration, though the need for it to be organized is clear, has added to supply of labor.

BBC News Original article ›
LyrArc Article Gist
DJT fires BLS labor statistics Commissioner, Erika McEntarfer, following 258,000 downward revision of jobs added, 90% of the jobs shown earlier in  June-July 2028 disappearing. This BBC report and others say that revisions are common. What it does not say is that revision of this size is rare, almost 90% of the jobs created shown earlier are now shown to be non existent, without any serious effort to give an explanation in the statistical data gathering and how it could have overreported the jobs created by 90%. Imagine Jay Powell at the Fed putting this out and not laboring to explain this as he does so often on inflation. Department of Labor owes an explanation of how it is doing the statistics when- BLS revision 144,000 jobs to 19,000 for May 2025- 87% of jobs reported disappeared. BLS revision 147,000 jobs to 14,000 for June 2025- 90% of jobs reported disappeared.   ...
WSJ Original article ›
LyrArc Article Gist
This WSJ report cites estimates showing 11 job openings in the US, with 6.9 million people looking for work or unemployed. About 5 million more job openings than people seeking work. Low wage sectors are hit hard with people shunning these sectors. People are quitting jobs looking for higher wages, better benefits and working conditions, better work-life balance. In August 4.3 million workers quit their jobs as the American workforce goes through big changes.

WSJ Original article ›
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This WSJ report shows how a record 4.4 million American workers resigned from their jobs in September 2021 alone. WSJ shows map of US with the states where this is happening marked with "I Quit." States with the largest quit rates have large share of employment  in food, restaurant, hotel and entertainment industries- Hawaii, Montana, Utah, Oregon, Colorado, New Hampshire, Louisiana. In the northeastern states the education sector which accounts for a larger share of employment the quit rate has risen at the fastest pace since January as shown in the Labor Department numbers. For years wages, benefits and working conditions in the food, restaurant, grocery store, hotel and entertainment industries, supply chain logistics, lagged behind, exacerbating inequality and widening the income gaps between working class Americans and the professional and other classes. Increases in minimum wages lagged behind the cost of raising families, rent and grocery bills. Professions such as nursing, children's education, critical to the nation's health were also left behind in wage increases as the tech boom rewarded different sectors in outrageous ways worsening the social divide and creating pools of income scarcity and income abundance in indiscriminate ways. The pandemic is changing all this. Workers in states with higher proportion of workers in these sectors of the economy are saying "I Quit," as they seek better opportunities elsewhere and better working conditions. The checks to working class Americans in 2020-2021 as aid for the pandemic, the child credits, investments in affordable housing, child care, early childhood education, and other aid in the Biden Families and Workers plan are giving workers for the first time in decades the right to choose better working conditions and incomes over worse working conditions and incomes that were set without regard to their role and contribution to the welfare of the whole country and people.  After the lockdowns in the northeastern states, States such as New York, Massachusetts, New Hampshire, Rhode Island,  with higher vaccination rates and rebound in the economy are seeing higher job openings. This is making it possible for workers in the northeastern US to quit jobs in educational services and other sectors  for better paying jobs, better working conditions, remote work options, and improved work-life balance. ...
The Guardian Original article ›
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Lack of childcare has driven 250,000 women in Britain to quit their jobs. It is described as a "motherhood penalty."

The Emperor Creates No Jobs

Wall Street Journal Original article ›
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France's central bank chief Christian Noyer, says public spending to create jobs has the drawback of creating yesterday's jobs, but lasting job creation has to look at today and the future for effective job creation. Once government spending crosses a certain level, about 55% of GDP, a level France has crossed, further spending becomes counterproductive, reducing public confidence in the economy, as higher future taxes are anticipated canceling any benefits.
Wall Street Journal Original article ›
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Austin, Texas and growth in "middle skill" jobs which offers ways to increase jobs growth in the U.S. in 2012-2015.
Washington Post Original article ›
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Tim Cook is interviewed by Jenna McGregor of The Washington Post. He describes the problems he faces running Apple. He had expected Jobs to stay on as  chairman to continue leading the company even after the illness. Cook thought Jobs would "bounce" back. The death of Jobs was a big blow for Cook. Cook describes taking advice from Jobs's wife Lucerne at key moments. For tax issues before Congress he talked to Blankfein of Goldman Sachs, on political issues with Bill Clinton, and on personal issues with Anderson Cooper of CNN. The books he is reading include Mohandas Gandhi's "The Story of My Experiments with Truth," that he found at the Gandhi Ashram in Gujarat, India, on a recent visit. 

The Indian Express Original article ›
LyrArc Article Gist
Job creation will be a major issue for India in the years to 2030.  In this Interview with Gita Gopinanth, First Deputy Managing Director of the IMF, in the Indian Express, she talks to Udit Misra. Running IMF models on India's development Gopinath says job creation at a high level is needed. India will need about 8 million jobs created every year, says Gopinath.

Coalition For A Prosperous America Original article ›
LyrArc Article Gist
It is no surprise what we see in the US today- the loss of the middle class, the unaffordability crisis for education, healthcare, childcare, and poor, broken infrastructure. Over 10 years the US trade deficit with China has led to loss of about 25 million jobs and $250 billion in taxes that support local infrastructure and public services. Where 20% of the people do 80% of the spending, 80% of the people only 20% of spending (Moody's Analytics). This is how the uneven trade led to the destruction of manufacturing centers and communities across the 51 states in America, devastating families and young people. This is no longer Washington's, Lincon's or FDR's land of opportunity. Each $1 billion in additional imports to the US costs 4252 jobs. (CPA) This can be read as how many jobs are being lost in the additional trade of goods when one side is exporting more than the other.  There are three levels of losses. There is also an indirect job loss in the number of jobs created by that one job in manufacturing to serve the needs of these factory families in communities. This can be estimated at 1 job that depends on 1 manufacturing job. Together this means 8500 jobs lost for every $1 billion of goods in a trade deficit. US trade deficit of $295 billion in 2024 with China translates into about 2.5 million jobs lost every year. Over 10 years this is about 20-25 million jobs, enough to decimate America's entire manufacturing capabilities and manufacturing infrastructure, whole communities and towns disappearing or suffering destruction across the country.  With the loss of these jobs comes a third cost, the taxes paid that maintain small town infrastructure and public services like libraries, schools and health centers where these factories are located. At $10,000 in taxes lost per job, for 8500 jobs lost per $1 billion in uneven trade there is a loss of $85 million.  For the $295 billion deficit the US has with China this loss adds up to $25 billion per year. Over 10 years this means taking out this much in local infrastructure and public services like libraries, schools and health centers worth $250 billion.  ...
dw.com Original article ›
LyrArc Article Gist
DW.com on what international students from India or China pay at EU universities-  44000 euros in UK vs 4000 euros or less in Germany and France. For Chinese or Indian students Germany and France offer education for bachelor and masters degress that is attractively priced even at the higher prices being now set by the government. In the past Chinese students in France were able to get Masters degrees at very little cost. Germany is looking at the higher prices as a way to increase the salaries of teaching staff and professors whose salaries lag far behind the salaries in the US and other countries. For China and India no aid program is as vital for their economies and industrial development as the access the EU provides to its universities and educational system at a fraction of the real cost. Today German universities are attracting large numbers of Indian students from middle class families where the parents life goals are to get their children into European universities. American universities cost significantly more today as American bachelors and masters degree can cost upwards of 50,000 euros a year. Even local students in the US pay between $30,000 and $100,000 a year making bachelors and masters degrees no longer affordable for much of the American middle class and leaves working class parents children totally out of the universities system. One immigrant is from Cuba- Marco Rubio of Florida, now Foreign Minister of the US. He describes in his book - "Decades of Decadence How America's Spoiled Elites Blew Up Inheritance of Liberty, Security and Prosperity"- an average factory job in Florida in the seventies enabled his parents to send him to college, which he says is no longer possible for immigrants to the US today, and no longer possible for working class parents in general. For this reason Germany and France have to be commended for their generous policies towards Chinese and Indian students. Increases in the university prices in Germany and France to 4000 euros a year for international students makes a lot of sense when British universities charge about 44000 euros a year. ...
NYTimes.com Original article ›
LyrArc Article Gist
CSU faculty organized against OpenAI contract expiring June 2026 at a time when students/faculty worry about loss of critical thinking skills amid 40% unemployment of new graduates. This is the California State University System once a major national institution of education under Governor Edmund Brown Sr in the 1960's that powered the 60's middle class, now torn apart by mistakes in higher education. Imagine Teniente-Matson in an AI created form speaking in many languages not realizing that this has little to do with education, as shown here in the NYT- coming to San Jose State from Texas A&M San Antonio. Both Hispanic student dominated institutions of education that have first generation Hispanics entering college- the promise of this first generation finding opportunities in the US economy. It is already fading for new graduates with high unemployment of 40%. The AI Initiative pushed by Governor Newsom in the state has created confusion or chaos says the NYT. This is the biggest 4 year public higher educational system in the US with 22 campuses, with diversity in California about 50% Hispanic. This is what "great" looked like for America in the 1960's with Eisenhower and JFK. Today with such misplaced initiatives and lack of the same wisdom and dedication to knowledge from that in the 1950's and 60's it is a fraction of its former self. It was marketed at $16.9 million for 500,000 licenses by OpenAI as a way for these first generation Hispanic college students most working class people to move forward. But as every commencement speech and everyone from the president to business leaders can attest it is all about hard work, hard work, hard work, and focus on reading and math, on sound basic skills, with pen and paper not ipads and iphones and AI that this job will be done. AI can never teach someone to persevere, to overcome obstacles, to put in the hard work over and over again to accomplish great things or to develop the curiosity for knowledge, the sense of new discovery  for scientific knowledge and invention that has powered America and Europe for three centuries. ...
Wall Street Journal Original article ›
LyrArc Article Gist
The Labor Department reported U.S. payrolls increased by a seasonally adjusted 163,000 jobs in July 2012. A survey of U.S. households showed unemployment edging higher to 8.3%, up by 0.1%. Private companies accounted for all the job additions of 172,000. Governments reduced jobs by 9000 and the federal government reduced jobs by 2000. Manufacturing added 25,000 jobs. Professional and business services added 49,000 jobs, with temporary help and computer systems design being the largest sources of jobs in this area. The health care sector added 12,000 jobs. A broader measure of unemployment including job seekers and part time workers is at 15%, up 0.1% from the prior month.
New York Times Original article ›
LyrArc Article Gist
Steve Jobs of Apple never intended the iPhone to be used as an ubiquitous device that is there all the time with user attention riveted to it. A computer scientist, Prof. Cal Newport of Georgetown University, says the vision of the iPhone presented by Steve Jobs at the Mosconi Center in 2007 was very different from what it has become today. It was an iPod that could make calls, help you listen to music, not a device on which you had to constantly check emails, constantly be on the alert for messages, use for getting instant breaking news you didn't need all the time. At the time in 2007 the App store did not exist and Jobs by design did not focus on apps believing that whatever apps there would be would be better designed to be aesthetically good by Apple engineers. It was an iPod that made calls, a engineer on the team that developed the iPhone at that time tells Newport. Jobs vision was of an iPhone that did a few activities well- helping people listen to music , get directions, make calls. What he did not want to do was to change the rhythm of people's lives. Newport calls it a shame that this vision got somehow diverted and disrupted by what happened afterwards. We have become so used to the constant companion model that we forget its novelty, only a little over 10 years ago none of this existed. As a computer scientist writing about the influence of technology on culture Newport says it is important to remember the magnitude of this unintended shift, to know that Jobs got it right the first time and that it would be better for many of us to return to the minimalist vision for the phone that Jobs espoused. ...
NYTimes.com Original article ›
LyrArc Article Gist
Job growth in healthcare, hospitality, state and local governments led to 275,000 jobs added in February 2024, the Labor Department shows. The resiliency in the jobs market is expected to continue.

WSJ Original article ›
LyrArc Article Gist
About 5.7 million Americans fewer Americans were on payrolls in July 2021 even as the unemployment rate drops each month and job openings increase. There is a mismatch between job seekers goals and job openings. The service sector, especially in hospitality and leisure industry, is not seen as a favored goal by some job seekers because of its precarious nature and uncertainty of income security, health risks, during the pandemic. Job seekers were looking for stability in income, health and other goals. The US added 943,000 jobs in July 2021, yet this gives an incomplete picture of the health of the jobs part of the economy.

dw.com Original article ›
The Wall Street Journal Original article ›
LyrArc Article Gist
US unemployment at 4.6% in November 2025.

Wall Street Journal Original article ›
LyrArc Article Gist
Unemployment in the U.S. will be hard to bring down with the mismatch in skills for new jobs created. The National Skills Coalition, which works to promote job training, says in a report that 46% of the jobs in New York state in 2009 were in the middle skills category, and only 39% of New York workers had the skills for these jobs. Mid-skilled workers are workers with a high school diploma and training, an associates degree or vocational training. The problem is that students from public schools and community colleges who are not prepared with mid-skills and training, or lack a two year degree, are not prepared for these mid-skilled jobs in health care, transportation and other fields. This report says 40% of new jobs created in New York state will be for mid-skilled workers. In the low skilled workers category there is downward pressure on wages because there are more workers than jobs- 21% of new jobs are low-skilled and 23% of New York workers are low-skilled, according to the report. The problem is serious because funding for training programs has been cut over the years, and at the same time government policy- including that of the Obama administration- has focussed on getting people to college. Less attention has gone to training programs and vocational education. This at a time when a college education has become costly and difficult for families....
WSJ Original article ›
LyrArc Article Gist
Women's job losses because of child care responsibilities and the jobs impact of the pandemic is likely to lead to fewer woman working. In the past recessions construction and manufacturing took a hit and men were more affected. This time social distancing in professions such as personal care, nursing care and service sector jobs, is leading to job loss for women.

BBC News Original article ›
LyrArc Article Gist
Walmart with 2000 H1-B visa offers for the first half odf 2025 halts the process in October 2025. Amazon had 10,000 H1-B offers highest number of H1-B visas offers by June 2025, Microsoft, Apple and Google had 4000 such job offers. India makes up 70% of the H1-B visa program and CHina 12%. It hurts the US workforce by bringing in lower paid IT workers to replace higher paid American workers. Bloomberg has adocumentary on the H1-B visa program that highlights abuse of the program that hurts American workers by the Tech companies. It also hurts India by diverting talented engineers needed for India's rapid modernization and creating a culture in which talented engineers in India look outside the country for jobs.

The Times Original article ›
LyrArc Article Gist
Britain protected about a third of its workforce during the months of lockdown for coronavirus. As a result Britain has protected workers from unemployment and effects of job loss. The job retention scheme protected 9.1 million workers, and the self employment scheme 2.6 million workers. The figures for the 3 months to April form the Office of National Statistics shows unemployment at 3.9% and the employment rate at 76.4% about 0.3% more than in 2019. 

As the government ends these schemes with reopening the economy by August some effect will be seen of job loss but not to the extent that this could have been without strong government action.

Original article ›
LyrArc Article Gist
Britain lifts the lockdown quickly after the Business Secretary and the Finance Minister warn of possible loss of 3 million jobsin the hospitality sector if it remains closed over the summer. Much of the job gains in the U.S. in April came from surprise additions of jobs in the hospitality sector.

Britain will now relax planning controls to allow pubs, restuarants and cafes to open outside areas for business. Outdoor weddings will now be permitted, with indoor weddings of upto 10 people allowed by early July. Places of worship, churches, open June 15, as do non-essential shops. 

The R rate has risen slightly yet it remains between 0.7 and 0.9. 


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