Econ 101: March 29, 2012


Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • Apple CEO Tim Cook visited a plant in China run by Foxconn, which has come under criticism for it harsh labor conditions. [Reuters]
  • Whether or not Americans saw their pay rise in 2011 depended a lot on which state they lived in. [Wall Street Journal]
  • Germany’s unemployment rate has hit a record low of 6.7 percent. [Reuters]
  • The Organization for Economic Cooperation and Development estimates that U.S. economic growth will outpace the Eurozone in the first half of 2012. [CNBC]
  • The Federal Housing Finance Agency plans to release a study next month on whether it makes sense for mortgage giants Fannie Mae and Freddie Mac to reduce loan amounts for troubled homeowners. [Businessweek]
  • During a Congressional hearing, executives of the failed investment house MF Global said they don’t know what happened to customer funds that the firm lost. [Huffington Post]