Job growth in the US slowed again in June, with only 18,000 total payroll jobs added. Private sector job growth of 57,000 was offset by a loss of 39,000 government jobs. The unemployment rate edged up to 9.2%, its highest since December 2010, as 173,000 more people became unemployed. The labor force also shrank by 272,000 as discouraged workers stopped looking for jobs. A broader unemployment rate (U-6) includes those who are underemployed or marginally attached to the workforce. The employment to population ratio equaled its lowest level during the recession at 52.8%, reflecting slow job growth and more people dropping out of the workforce.
The US economy added 157,000 payroll jobs in January according to the Bureau of Labor Statistics. The private sector added 157,000 jobs while government lost 9,000 jobs. Revisions to 2012 jobs data showed 324,000 more jobs were created than previously reported. The unemployment rate ticked up slightly to 7.9% as the labor force and number of employed workers increased while the number of unemployed rose by 12,000. Long-term unemployment fell to its lowest level since 2010.
US Job Growth Weak in June, Unemployment Holds SteadyEd Dolan
6 slides•1.5K views
The U.S. job market remained weak in June with an addition of only 80,000 jobs, little changed from the previous months. While the private sector added 84,000 jobs, this was offset by a loss of 4,000 government jobs. The unemployment rate held steady at 8.2% as the labor force increased slightly. The percentage of long-term unemployed (those unemployed for 27 weeks or longer) declined slightly but remains elevated.
US Unemployment Rate falls to 7.5 percent in April; Job Gains Revised UpEd Dolan
10 slides•3K views
The US unemployment rate fell to 7.5 percent in April, a new low for the recovery. Payroll jobs increased by 165,000 and job gains for earlier months were revised upward
US Labor Market Shows Moderate Gains in MayEd Dolan
10 slides•3.3K views
The US labor market continued moderate improvement in May. 175,000 new payroll jobs were added, mostly in the service sector, while the unemployment rate rose slightly. The broader U6 unemployment rate matching its low for the recovery at 13.8%. Involuntary part-time work and long-term unemployment continued gradual declines. Job growth estimates for February and March were revised upward.
October Job Growth Still Slow but Better News in the DetailsEd Dolan
5 slides•1.4K views
- US job growth in October was slow at 80,000 new private sector jobs, though revisions showed stronger growth of 57,000 and 104,000 in prior months.
- The unemployment rate dropped slightly to 9.0% as 140,000 new jobs were reported in a household survey, though the labor force also grew.
- A broader measure of unemployment that includes those who want to work but are not actively looking fell to 16.2% as fewer people reported being in forced part-time work.
- The employment-population ratio ticked up slightly but remains near historic lows, reflecting slow job growth and more workers dropping out of the labor force.
US Employment Data: Strong Jobs Report Leads Off the Election SeasonEd Dolan
5 slides•1.3K views
US payroll jobs grew by 200,000 in December and the unemployment rate fell to its lowest level since February 2009, leading off an election season that will focus on jobs, jobs, jobs!
Government agencies reported US GDP growth at a 3.6 percent in Q3. The economy added 203,000 jobs in November and unemployment fell to 7 percent, a new low for the recovery
How Chronic Budget Optimism Helped Dig The Hole We Are InEd Dolan
9 slides•1.9K views
The document summarizes key points from Ed Dolan's economics blog about chronic overoptimism in US budget projections. It notes that budget projections routinely overestimated GDP growth and underestimated unemployment, contributing to growing budget deficits. As a result, tax cuts and unfunded spending increases were harder to justify and the national debt may be higher than if more cautious assumptions had been used. The President acknowledged the FY2012 budget does not do enough to restore fiscal health.
US Inflation Data: Seasonally Adjusted CPI Shows Zero Change in AprilEd Dolan
6 slides•1.6K views
US inflation, as measured by the seasonally adjusted consumer price index for all items, fell to zero in April. Other measures showed inflation at low but positive rate.
The document provides instructions for students to access and use the Grolier Encyclopedia through their online school account. It explains how to log in, find the Grolier link, select the appropriate school level, and use the search tool to find articles on topics like rocks and minerals. It also describes how students can find the reading level of materials and easily cite sources by clicking the "How to cite this article" link when viewing an article.
The document discusses Mexico's implementation of a tax on sugar-sweetened beverages to help lower obesity rates. It claims that high consumption of these beverages contributes significantly to excess calorie intake and obesity. It proposes a 1 peso per liter tax on flavored beverages and concentrates/syrups that produce drinks with added sugars. However, the article provides no evidence or statistics to support the key claims that sugar-sweetened drinks are a primary driver of obesity or that the tax will effectively reduce obesity prevalence. It does not consider other obesity factors or ensure the tax will achieve its intended outcome of lowering obesity.
U.S. Inflation Indicators Come in Below Target as the Global Economy Begins t...Ed Dolan
6 slides•1.3K views
The document summarizes US inflation data for December 2012. It reports that the headline CPI showed little change, core inflation slowed slightly to 1.8%, and trimmed mean inflation remained moderate at 1.5%. All three major inflation indicators remained below the Fed's implicit 2% inflation target for December. The document also notes that economists look at core and trimmed mean inflation to judge underlying trends, and that longer-term year-over-year inflation rates are beginning to fall again.
The January 2011 national jobs report showed:
1) The unemployment rate decreased to 9.0%, the lowest since 1983, however job growth was slow with only 36,000 jobs gained.
2) Several sectors saw decreases in jobs including temporary employment, construction, and retail.
3) While the private sector continued growing, the public sector continued declining.
All Major US Inflation Indicators Fall Below Fed Targets in MayEd Dolan
6 slides•1.7K views
The document summarizes US inflation data from May 2012. It discusses that the headline CPI fell 0.3% in May, representing the sharpest annual decrease since 2008. Core inflation, which excludes food and energy prices, slowed sharply due to a over 4% monthly drop in energy prices and 6% decline in gasoline prices. The trimmed mean CPI, which removes the most and least increased prices, also fell sharply in May. All of the inflation measures discussed were below the Fed's 2% target rate for prudent monetary policy.
Latest GDP Revisions Carry Mixed Message for ElectionsEd Dolan
7 slides•1.7K views
The document summarizes an economics blog post analyzing the latest revision to US GDP growth figures for Q2 2012. It notes that real GDP growth was revised down to 1.3%, the slowest since 2011. While the economy continued its expansion, consumption growth was modest and government spending declines slowed. Profits remained high even as nominal GDP growth slowed. The data provides mixed messages for the upcoming presidential election by suggesting both economic weakness overall but strength in corporate profits.
The document provides instructions for accessing and navigating the Iowa ePolicy website. It describes how to view policy listings by chapter and section, search, or view in A-Z order. It also explains how to view archived policies, print policies, and view policy content and related materials. Contact information and a glossary are also available on the site.
Gasoline Pushes US Inflation Higher in AugustEd Dolan
7 slides•1.9K views
The document summarizes inflation data from the August 2012 Consumer Price Index report. It notes that while headline inflation spiked to 7.44% due to a rise in gasoline prices, core inflation fell to 0.6%. The trimmed mean inflation rate also remained low at 2%. The document discusses how economists look at various inflation measures and the Federal Reserve's 2% inflation target when making monetary policy decisions like quantitative easing.
The document provides an overview of the Iowa ePolicy page and its features. It describes the chapter and section menu, ability to flip through policies, related resources menu and previews, and additional tools like downloading and printing. Key information included on each policy page is also outlined, such as the title, dates, status, version, and related tags. The presentation aims to explain what users will see when viewing policies on the Iowa ePolicy site.
The Timeline & Follow page on ePolicy allows users to view all policy updates made to ePolicy, including new, changed, or expired policies. Users can subscribe to receive email notifications when policy changes occur by entering their email address on the Timeline & Follow page and clicking subscribe after verifying their email. Iowa Workforce Development sponsors ePolicy to provide up-to-date policy information and notifications.
eco 372 week 2 knowledge check new,eco 372 week 2 team weekly reflection economic forecasting paper new,eco 372 week 2 individual assignment product purchases and the economy new,eco 372 week 2 assignment the real economy in the long run new,eco 372 week 2 principles of economics and the data of macroeconomics new,uop eco 372,eco 372,uop eco 372 week 2 tutorial,eco 372 week 2 assignment,uop eco 372 week 2 help
The document provides guidance on how to search online databases to find a research paper for an assignment. It discusses searching specific databases like Web of Science, ScienceDirect and PubMed to find recent journal articles related to course material. It provides tips for conducting effective searches using keywords, Boolean operators, and limiting searches by date range and journal. Database searches can be refined to find the most relevant results. Full text of articles is available through the library resources.
Long-term Unemployment Falls as Job Market Ends 2012 on Quiet NoteEd Dolan
6 slides•1.6K views
The US economy created 155,000 new payroll jobs in December, equal to the monthly average for the year. The unemployment rate remained steady and long-term unemployment fell
US Adds 204,000 Jobs in October Despite ShutdownEd Dolan
10 slides•3.4K views
The US added 204,000 new jobs in October. The unemployment rate edged up by less than a tenth of a percent. The data were muddled by the government shutdown
US Employment Data: Strong Jobs Report Leads Off the Election SeasonEd Dolan
5 slides•1.3K views
US payroll jobs grew by 200,000 in December and the unemployment rate fell to its lowest level since February 2009, leading off an election season that will focus on jobs, jobs, jobs!
Government agencies reported US GDP growth at a 3.6 percent in Q3. The economy added 203,000 jobs in November and unemployment fell to 7 percent, a new low for the recovery
How Chronic Budget Optimism Helped Dig The Hole We Are InEd Dolan
9 slides•1.9K views
The document summarizes key points from Ed Dolan's economics blog about chronic overoptimism in US budget projections. It notes that budget projections routinely overestimated GDP growth and underestimated unemployment, contributing to growing budget deficits. As a result, tax cuts and unfunded spending increases were harder to justify and the national debt may be higher than if more cautious assumptions had been used. The President acknowledged the FY2012 budget does not do enough to restore fiscal health.
US Inflation Data: Seasonally Adjusted CPI Shows Zero Change in AprilEd Dolan
6 slides•1.6K views
US inflation, as measured by the seasonally adjusted consumer price index for all items, fell to zero in April. Other measures showed inflation at low but positive rate.
The document provides instructions for students to access and use the Grolier Encyclopedia through their online school account. It explains how to log in, find the Grolier link, select the appropriate school level, and use the search tool to find articles on topics like rocks and minerals. It also describes how students can find the reading level of materials and easily cite sources by clicking the "How to cite this article" link when viewing an article.
The document discusses Mexico's implementation of a tax on sugar-sweetened beverages to help lower obesity rates. It claims that high consumption of these beverages contributes significantly to excess calorie intake and obesity. It proposes a 1 peso per liter tax on flavored beverages and concentrates/syrups that produce drinks with added sugars. However, the article provides no evidence or statistics to support the key claims that sugar-sweetened drinks are a primary driver of obesity or that the tax will effectively reduce obesity prevalence. It does not consider other obesity factors or ensure the tax will achieve its intended outcome of lowering obesity.
U.S. Inflation Indicators Come in Below Target as the Global Economy Begins t...Ed Dolan
6 slides•1.3K views
The document summarizes US inflation data for December 2012. It reports that the headline CPI showed little change, core inflation slowed slightly to 1.8%, and trimmed mean inflation remained moderate at 1.5%. All three major inflation indicators remained below the Fed's implicit 2% inflation target for December. The document also notes that economists look at core and trimmed mean inflation to judge underlying trends, and that longer-term year-over-year inflation rates are beginning to fall again.
The January 2011 national jobs report showed:
1) The unemployment rate decreased to 9.0%, the lowest since 1983, however job growth was slow with only 36,000 jobs gained.
2) Several sectors saw decreases in jobs including temporary employment, construction, and retail.
3) While the private sector continued growing, the public sector continued declining.
All Major US Inflation Indicators Fall Below Fed Targets in MayEd Dolan
6 slides•1.7K views
The document summarizes US inflation data from May 2012. It discusses that the headline CPI fell 0.3% in May, representing the sharpest annual decrease since 2008. Core inflation, which excludes food and energy prices, slowed sharply due to a over 4% monthly drop in energy prices and 6% decline in gasoline prices. The trimmed mean CPI, which removes the most and least increased prices, also fell sharply in May. All of the inflation measures discussed were below the Fed's 2% target rate for prudent monetary policy.
Latest GDP Revisions Carry Mixed Message for ElectionsEd Dolan
7 slides•1.7K views
The document summarizes an economics blog post analyzing the latest revision to US GDP growth figures for Q2 2012. It notes that real GDP growth was revised down to 1.3%, the slowest since 2011. While the economy continued its expansion, consumption growth was modest and government spending declines slowed. Profits remained high even as nominal GDP growth slowed. The data provides mixed messages for the upcoming presidential election by suggesting both economic weakness overall but strength in corporate profits.
The document provides instructions for accessing and navigating the Iowa ePolicy website. It describes how to view policy listings by chapter and section, search, or view in A-Z order. It also explains how to view archived policies, print policies, and view policy content and related materials. Contact information and a glossary are also available on the site.
Gasoline Pushes US Inflation Higher in AugustEd Dolan
7 slides•1.9K views
The document summarizes inflation data from the August 2012 Consumer Price Index report. It notes that while headline inflation spiked to 7.44% due to a rise in gasoline prices, core inflation fell to 0.6%. The trimmed mean inflation rate also remained low at 2%. The document discusses how economists look at various inflation measures and the Federal Reserve's 2% inflation target when making monetary policy decisions like quantitative easing.
The document provides an overview of the Iowa ePolicy page and its features. It describes the chapter and section menu, ability to flip through policies, related resources menu and previews, and additional tools like downloading and printing. Key information included on each policy page is also outlined, such as the title, dates, status, version, and related tags. The presentation aims to explain what users will see when viewing policies on the Iowa ePolicy site.
The Timeline & Follow page on ePolicy allows users to view all policy updates made to ePolicy, including new, changed, or expired policies. Users can subscribe to receive email notifications when policy changes occur by entering their email address on the Timeline & Follow page and clicking subscribe after verifying their email. Iowa Workforce Development sponsors ePolicy to provide up-to-date policy information and notifications.
eco 372 week 2 knowledge check new,eco 372 week 2 team weekly reflection economic forecasting paper new,eco 372 week 2 individual assignment product purchases and the economy new,eco 372 week 2 assignment the real economy in the long run new,eco 372 week 2 principles of economics and the data of macroeconomics new,uop eco 372,eco 372,uop eco 372 week 2 tutorial,eco 372 week 2 assignment,uop eco 372 week 2 help
The document provides guidance on how to search online databases to find a research paper for an assignment. It discusses searching specific databases like Web of Science, ScienceDirect and PubMed to find recent journal articles related to course material. It provides tips for conducting effective searches using keywords, Boolean operators, and limiting searches by date range and journal. Database searches can be refined to find the most relevant results. Full text of articles is available through the library resources.
Long-term Unemployment Falls as Job Market Ends 2012 on Quiet NoteEd Dolan
6 slides•1.6K views
The US economy created 155,000 new payroll jobs in December, equal to the monthly average for the year. The unemployment rate remained steady and long-term unemployment fell
US Adds 204,000 Jobs in October Despite ShutdownEd Dolan
10 slides•3.4K views
The US added 204,000 new jobs in October. The unemployment rate edged up by less than a tenth of a percent. The data were muddled by the government shutdown
The document discusses unemployment data and labor market statistics. It provides information on several key data points:
1) Unemployment figures from the Office of National Statistics (ONS) which show unemployment was 2.59 million for May-July 2012, down 7,000 from the previous period.
2) Public and private sector employment figures from the ONS, with public sector employment down 235,000 and private sector employment up 471,000 between March and June 2012.
3) Additional context on data limitations and other sources of labor market statistics like claimant count numbers from the Department of Work and Pensions.
PAD 510 WEEK 10 ASSIGNMENT 4 POWER POINTUsing Assignments 1, 2, .docxmosyrettcc
15 slides•4 views
PAD 510 WEEK 10 ASSIGNMENT 4 POWER POINT
Using Assignments 1, 2, and 3, create a 6–8-slide PowerPoint presentation in which you:
Provide a historical perspective of the policy from Assignment 1.
Describe the official and unofficial actors of the policy from Assignment 2.
Present both of the positions of the policy from Assignment 3.
Persuade the audience that the position you have chosen is worthy of the policy being implemented.
Include at least four peer-reviewed references (no more than five years old) from material outside the textbook. Note: Appropriate peer-reviewed references include scholarly articles and governmental websites. Wikipedia, other wikis, and any other websites ending in anything other than “.gov” do not qualify as peer-reviewed. Use Basic Search: Strayer University Online Library to identify references.
Your assignment must include:
Title slide with the name of the policy, your name, and date.
Reference slide with at least four peer-reviewed references, formatted according to the Strayer Writing Standards.
6–8 slides (the title slide and reference slide are not included in this number).
Icampus.strater.edu
Login: LC9468652853
Password: [email protected]
If Need Be!
Running Head: BUSH TAX CUTS 1
BUSH TAX CUTS 6
Bush Tax Cuts
Delores Blango
Strayer University
Dr. Timothy Smith
PAD 510
May 29, 2020
Bush Tax Cuts
Position in favor of the Policy:
The 2001 and 2003 tax cuts policy was meant to reduce marginal income tax rates and capital gains and dividends. All taxpayers got a reduction in their tax rates depending on their income thresholds. Additionally, the estate tax was completely phased out until 2010. These changes provided significant benefits to the middle class, who got their tax rates reduced by a margin of 3 to 5 percent. This fact means that people in the middle class got to keep a larger share of their salaries and improve their livelihoods. Additionally, all American citizens benefit from a child credit tax rising from $500 to $1000 per child. This change made it easier for low-income families to support their children adequately by providing for their basic needs. Further, there was a marriage penalty relief provision that resulted in the doubling of the basic standard deduction for couples that jointly owned property.
The stated changes lessened the financial burden placed on American citizens. Before the policy, low-income households had to pay a 15 percent tax rate to the government. This condition left a majority of low-income families struggling to meet their financial needs. The Bush tax cuts lowered their tax returns to 10 percent, allowing these families to comfortably budget their overall income (Hungerford, 2010). Additionally, the child credit tax made it easier for parents to meet the basic needs of their children. In the American commun.
PAD 510 WEEK 10 ASSIGNMENT 4 POWER POINTUsing Assignments 1, 2, .docxsmile790243
15 slides•9 views
PAD 510 WEEK 10 ASSIGNMENT 4 POWER POINT
Using Assignments 1, 2, and 3, create a 6–8-slide PowerPoint presentation in which you:
Provide a historical perspective of the policy from Assignment 1.
Describe the official and unofficial actors of the policy from Assignment 2.
Present both of the positions of the policy from Assignment 3.
Persuade the audience that the position you have chosen is worthy of the policy being implemented.
Include at least four peer-reviewed references (no more than five years old) from material outside the textbook. Note: Appropriate peer-reviewed references include scholarly articles and governmental websites. Wikipedia, other wikis, and any other websites ending in anything other than “.gov” do not qualify as peer-reviewed. Use Basic Search: Strayer University Online Library to identify references.
Your assignment must include:
Title slide with the name of the policy, your name, and date.
Reference slide with at least four peer-reviewed references, formatted according to the Strayer Writing Standards.
6–8 slides (the title slide and reference slide are not included in this number).
Icampus.strater.edu
Login: LC9468652853
Password: [email protected]
If Need Be!
Running Head: BUSH TAX CUTS 1
BUSH TAX CUTS 6
Bush Tax Cuts
Delores Blango
Strayer University
Dr. Timothy Smith
PAD 510
May 29, 2020
Bush Tax Cuts
Position in favor of the Policy:
The 2001 and 2003 tax cuts policy was meant to reduce marginal income tax rates and capital gains and dividends. All taxpayers got a reduction in their tax rates depending on their income thresholds. Additionally, the estate tax was completely phased out until 2010. These changes provided significant benefits to the middle class, who got their tax rates reduced by a margin of 3 to 5 percent. This fact means that people in the middle class got to keep a larger share of their salaries and improve their livelihoods. Additionally, all American citizens benefit from a child credit tax rising from $500 to $1000 per child. This change made it easier for low-income families to support their children adequately by providing for their basic needs. Further, there was a marriage penalty relief provision that resulted in the doubling of the basic standard deduction for couples that jointly owned property.
The stated changes lessened the financial burden placed on American citizens. Before the policy, low-income households had to pay a 15 percent tax rate to the government. This condition left a majority of low-income families struggling to meet their financial needs. The Bush tax cuts lowered their tax returns to 10 percent, allowing these families to comfortably budget their overall income (Hungerford, 2010). Additionally, the child credit tax made it easier for parents to meet the basic needs of their children. In the American commun.
This report highlights US economic performance via three key indices. The Small Business Health Index measures year-over-year small business performance through equally weighted payment patterns and credit use. U.S. Jobs Health combines Small Business Health Index industry data with BLS figures to forecast monthly nonfarm payroll employment. The U.S. Business Health Index provides a year-over-year equally weighted average of D&B’s Viability Score, Delinquency Predictor and Total Loss Predictor.
The document summarizes key findings from the 2014 OECD Economic Survey of the United States. It discusses recommendations related to strengthening economic growth through tax reform and financial stability policies, improving well-being through better jobs and work-life balance, and managing new energy resources while addressing climate change. Specifically, it notes that while the US recovery has been stronger than other OECD countries, long-term growth may be slowed by population aging. It recommends comprehensive tax reform and policies to promote financial stability. It also recommends improving job quality, expanding paid family leave, and developing regulations for hydraulic fracturing to balance energy production with environmental protection.
Proofed Paper ntp192135 - Mon Feb 27 202029 EST 2017.docxhallettfaustina
87 slides•5 views
The document provides feedback on a student's economics essay about whether the US has achieved full employment. The feedback notes that the student's definition of full employment and analysis of unemployment rates needs improvement. Specifically, the student incorrectly defined the natural rate of unemployment and drew the wrong conclusion from comparing actual and natural unemployment rates. The feedback recommends reexamining the definitions of natural and actual unemployment rates and the underlying statistics. The student is given the opportunity to revise and resubmit the paper.
Will the Momentum coming out of 2013 Carry Our Growth Through 2014?Lawrence R. Levin
5 slides•249 views
The Newsletter discusses why the current political bickering may keep us out of recession for the next 3 quarters. The Wise Old Owl talks about how to use the current calm to be ready for the coming changes.
Final draft week two economic forecasting paperhollabackmwd
7 slides•8.6K views
This paper discusses economic forecasting and resources for historical and forecasting economic data. It examines databases from the BEA, FRED, and NBER that provide valuable historical economic information. For forecasting, it recommends examining GDP and unemployment rates, as they impact aggregate demand and supply. The paper also discusses Keynesian and classical fiscal policy models and how topics from the course relate to understanding unemployment in different fields.
The document analyzes US economic outlook based on tax receipt data. It notes that while individual tax receipts turned positive in May 2010, they have increased substantially for six straight months. Corporate tax receipts became positive in February 2010. Overall, tax receipts increased $44 billion in fiscal year 2010 and are $50 billion higher than 2010 for the first four months of 2011, primarily due to increased revenues from individuals. These tax receipt trends match an improvement in the unemployment rate, which fell to 9% as jobs and other indicators recovered slightly from January 2010 levels. However, the document cautions that toxic assets still burden balance sheets and off-balance sheet liabilities pose risks, so the economic recovery remains fragile.
The 2012 Report Card indicated it is becoming difficult for the Prime Minister to stick to his commitment of creating a society which truly supports family life. The report card highlights that the condition of the economy continues to make life intensely difficult for millions of UK families, who currently face a triple squeeze of tax and benefit changes, high childcare costs and high costs of living.
Family matters: The economics of the family and human capital in the United ...IPPR
22 slides•477 views
This document discusses the importance of families and early childhood development for human capital formation and economic outcomes. It summarizes research showing that:
1) Income and the pre-kindergarten years strongly influence child development and educational attainment, more so than K-12 education. The achievement gap between income groups is larger now than in the past.
2) High-quality early childhood programs have significant long-term benefits for participants in areas like education, employment and crime reduction.
3) Families and early childhood experiences play a crucial but often overlooked role in skill development compared to formal schooling. A supportive family environment is important for child well-being and future success.
US GDP Growth Weak in Q4 But Profits StrongEd Dolan
7 slides•1.8K views
US GDP growth was weak in the fourth quarter of 2012 at an annual rate of just 0.4 percent, only slightly better than the previous estimate of 0.1 percent. While the expansion continued, it was the slowest rate of growth since the first quarter of 2011. Despite slow GDP growth, corporate profits were near record highs as a percentage of GDP, helped by corporations' ability to squeeze out higher profits in a weak economy.
The document discusses current trends in the US employment landscape and opportunities for placement and recruiting. It provides statistics on unemployment rates and discusses an evolving view of work. Specifically, it notes rising unemployment, a shift to online recruiting, and projects major growth in certain industries and jobs requiring postsecondary education or training by 2018.
The document provides a weekly briefing covering various topics:
1) Retirement savings are dropping as many workers have saved little and are not confident they can retire comfortably. Longer lifespans are exacerbating the problem.
2) A UN report found that human development has risen worldwide since 1990 as countries have improved health, education, and living standards. However, more progress is still needed.
3) The SEC has opened fewer investigations and filed fewer fraud cases recently, reflecting calmer economic times, though accounting fraud remains a focus.
This document discusses the importance of reuploading revised versions of slideshows on Slideshare without changing the URL. It allows for short-term error corrections, long-term revisions to keep content up to date, and for classroom materials to link to the latest version. Although Slideshare removed the reupload feature, users can request its return by searching for "Reupload" on the support page and asking them to bring it back due to its value. The document encourages users to submit feedback to potentially have the feature restored if there is widespread demand.
The document discusses the concept of the Non-Accelerating Inflation Rate of Unemployment (Nairu). The Nairu represents the lowest level of unemployment an economy can sustain before wages and prices begin to rapidly increase. It captures both parts of the Federal Reserve's dual mandate to achieve maximum employment and price stability. However, estimating the precise Nairu is difficult because the relationship between unemployment and inflation has changed over time and the Phillips Curve is no longer stable. Nonetheless, the Federal Reserve monitors unemployment relative to estimates of the Nairu when making decisions around interest rates and monetary policy.
How Liberals and Conservatives Can Talk About Climate changeEd Dolan
Many liberals are afraid to talk to their conservative friends and neighbors about climate change. They think it is a waste of time and that all conservatives are climate deniers. Their conservative friends have similar feelings about liberals. Here is why liberals and conservatives should talk to each other about climate and how a constructive dialog is possible.
This document provides a tutorial on consumer and producer surplus. It explains that the demand curve represents how much consumers will buy at different prices or the maximum consumers will pay for each unit. Consumer surplus is the difference between what consumers actually pay and the maximum they would have paid, which is the area under the demand curve above the market price. The supply curve represents the minimum price producers will accept to supply each unit or their marginal costs. Producer surplus is the difference between the revenue earned and total costs, which is the area above the supply curve but below the market price. The combined consumer and producer surplus represents the total gains from trade.
1) The document discusses why economists fear deflation, noting that sustained deflation can interfere with the smooth operation of the economy.
2) Deflation becomes problematic when nominal interest rates hit 0%, as further deflation causes real interest rates to rise, discouraging borrowing and economic activity. Unexpected deflation can also cause losses for banks by reducing the value of loans and collateral.
3) Deflation limits the effectiveness of monetary policy tools like interest rate cuts once rates hit 0%, and alternative tools like quantitative easing have had mixed results in stimulating economies.
4) Deflation also creates challenges for labor markets, as workers resist nominal wage cuts even if they only match falling prices, which can lead to higher
US GDP Grows at 5 Percent in Q3 2014, Best of RecoveryEd Dolan
The US GDP grew at an annual rate of 5% in the third quarter of 2014, the fastest growth of the economic recovery. This is an upward revision from the previous estimate of 3.9% growth and follows 4.6% growth in the second quarter. Strong growth was seen in consumption, investment, and exports. By the third quarter, inflation and unemployment rates were close to the targets set by the Federal Reserve, indicating the economy was approaching full recovery.
The Economics of a Price-Smoothing Oil TaxEd Dolan
An oil importing country can protect itself from the adverse effects of price volatility and encourage energy conservation by implementing a tax that varies inversely with the global oil price, thereby smoothing the domestic price.
Banks may take excessive risks due to contagion effects, moral hazard, and agency problems. Contagion effects can cause bank failures to spread from one bank to others. Moral hazard arises from deposit insurance which can encourage banks to take greater risks. Agency problems occur when bank executives are incentivized to pursue high risk strategies that benefit themselves rather than shareholders and depositors. These issues suggest banks may require regulation to limit their risk-taking.
US GDP Growth Revised Downward on Falling ExportsEd Dolan
The US Bureau of Economic Analysis revised US GDP growth in the first quarter of 2013 down to 1.8% from the previous estimate of 2.4%. This represents a slower rate of growth than the previous quarter. Exports declined for the second consecutive quarter as the global economy slowed, while government spending cuts continued to drag on overall growth, referred to as "fiscal drag". Consumption remained the largest contributor to growth.
Breakup of the Ruble Area: Lessons for the EuroEd Dolan
After the Soviet Union was dissolved, the 15 successor states for a time shared the ruble as their common currency. The breakup of the ruble area holds lessons for the euro.