The economic-news meme of 2011 was the “jobless recovery.” This was a term used by pundits to describe the U.S. economy, which, measured in GDP, began growing again in the third quarter of 2009. Unemployment, however, remained stubbornly high. We were producing more and better goods and services with fewer total workers.
This …
Last year, Americans took more than 10 billion trips on mass transit. It was the second highest rate ever. Now, with gas prices even higher this year — plus signs that more Americans are re-entering the workforce — this year …
Curious CapitalistEconomy
Last Friday’s jobs numbers came in strong, particularly in important areas like manufacturing, on which President Obama is staking much of the economic component of his re-election campaign. If voters start to feel more prosperous than they have over the last few years, it will certainly help him at the polls in November. But in order …
Each month the Government and private organizations release dozens of statistics that help market participants and policy makers judge the health of the economy. The Bureau of Labor Statistic’s monthly Employment Situation Report …
Curious CapitalistJobs
Yesterday, I read an interesting report from Barclays Capital debunking a piece of conventional economic wisdom.
American labor force participation — that is, the percentage of working-age persons who are employed or are …
Curious CapitalistEconomy & Policy
That’s the $64,000 question, particularly for the U.S. presidential elections – if things keep improving, it’s only good news for Obama. The economy has been on a roll this year, with unemployment down, consumer and …
In 1997, author Dan Pink noted in an article in Fast Company magazine that there were approximately 25 million “free agents” in the U.S. A free agent, much like in sports, is a person who does not have any commitments that …
How hard has the Great Recession hit young adults in the U.S.? According to a report released Thursday by the Pew Research Center, only 54.3% of young adults aged 18 to 24 have a job. It’s the lowest rate since the government …
Hard to believe, but it’s been less than five years since the launch of the iPhone. Prior to its explosion in popularity, an ‘application’ was a tool for finding a job, but ask anybody what an application is today, and the …
The economy, the stock market and even the November elections will largely be determined by a group of people who are almost invisible to forecasters.
Successful entrepreneurs are hard-working, dedicated, disciplined, multi-skilled, and self-sufficient. They are problem solvers who aren’t afraid to get their hands dirty, and who stop at nothing until goals are reached. They are bold risk-takers, and they are passionate, strong-willed individuals who put the mission before the man. …
The U.S. labor market continued to add new jobs in January, pushing the unemployment rate to the lowest level in nearly three years, in a sign that the economy is recovering from the worst recession in decades. The Bureau of …
