Hell's Kitchen Chef Sees Profits Fry

Columbus, Indiana, and Casper, Wyoming top employment list

(NEWSER) - Recession—that's a big-city thing, right? Several mid-size cities around the US are making an argument for their economic superiority, boasting job growth higher than the 1.5% national average in 2011. You may not know these cities well, but the Christian Science Monitor recommends them:

1. Columbus, Indiana: No, not Ohio's Columbus: Indiana's version had 10% growth from 2009 to 2010, making it the best economic rebounder during the Great Recession. Jobs are up 6.4%.

But most remain upbeat about their future: Pew survey

(NEWSER) - The economy is doing a number on those aged 18 to 34, according to a new survey from the Pew Research Center :

• Half say they have taken a job they didn't want.
• More than a third have gone back to school because of the job market.
• Nearly a quarter have taken unpaid work to gain experience.
• About a quarter have moved back in with the folks.
• More than 1 in 5 have postponed having a baby, and about the same number have put off getting married.

Charlie Trotter plans 'sabbatical' after 25 years

(NEWSER) - A Chicago landmark will soon be history. Legendary chef Charlie Trotter is closing his restaurant in August, after a quarter-century of service. It's not a financial matter: "We’ve always been profitable, that’s for sure," he tells the Sun-Times . But Trotter is ready "to put the flag in the sand" and achieve some non-culinary goals, including travel and a graduate degree in philosophy and political theory. More»

Hip-hop star opening place in Atlanta's airport

(NEWSER) - Ludacris is launching his own restaurant in Atlanta's busy Hartsfield-Jackson airport. "Chicken and beer coming soon!" the 34-year-old hip-hop star tweeted. Ludacris' eatery will be yet another addition to his entrepreneurial endeavors, which include Cognac and headphones. He also is expected to have a new album out this year called Ludaversal, reports Rolling Stone . (Ludacris is not the only big name in music testing the restaurant world, but Jon Bon Jovi has an unusual payment scheme at his place.) More»

...according to economists, who share their forecasts with WaPo

(NEWSER) - We know the "what": The payroll tax cut is set to expire within days, meaning changes to jobless benefits and doctors who treat Medicare patients will kick in, and the average American will miss out on $40 a paycheck . The Washington Post explores the "what does it mean" side of things, discussing the consequences with economists. Should the policies be extended, about $140 billion would get pushed into the economy. In coming up with their calculations, economists have to make some assumptions about what Americans would do with that $140 billion, but the Post reports that growth would likely slow by 1% to 1.5%, and between 500,000 and 750,000 new jobs that would have been created won't be. More»