Pertinent Category: Daily Economy

Jobs Show Their (Hidden) Strength

– May 11, 2016

Amid a backdrop of economic uncertainty, we’ve seen some encouraging signs from the labor market in recent days, even as some of these blessings have come in disguise.


Top Cities and Towns for Job-Seeking College Grads

– May 10, 2016

Today, the American Institute for Economic Research ranked American cities by the attributes that are most attractive to young college graduates.  The nine-factor formula centers on demographics, economics and quality of life.


Worst Cities to Move for Young Professionals

– May 9, 2016

Packing up and moving for a job is a lot more than a career choice.


The Cost of Not Going to College

– May 6, 2016

From 2004 to 2013, the median annual cost of tuition at a four-year public academic institution rose nearly 30 percent, from $13,270 to $17,474.


What We’ve Learned From Earnings Season

– May 5, 2016

According to data from FactSet, more than 80 percent of the companies in the S&P 500 have reported first quarter earnings through this morning. Overall, earnings reports have been better than expected, with almost 72 percent beating analyst expectations. Despite the beats, earnings growth overall remains negative, with reported earnings per share down about 7.8 percent from a year ago.


Friday’s Jobs Report: Reading the Tea Leaves

– May 4, 2016

On Friday, we will get what may be the single most important monthly data release on the U.S. economy: the Employment Situation Report, also known as the jobs report. During a time when we have seen concerning economic signals, including last week’s GDP report, it will be telling whether the jobs numbers stay as strong as they have been.


Helping Students Learn, and Teach, Financial Literacy

– May 3, 2016

This academic year, AIER has hosted two interns from Miss Hall’s School in Pittsfield, Massachusetts: Elizabeth (Lizzy) Barnes and Lisa Wang.


Chances of Recession? U.S. News Talks With Bob Hughes

– May 2, 2016

Our Bob Hughes is featured in U.S. News & World Report today in a question-and-answer story by Andrew Soergel entitled, “Ask An Economist: How Close is the Next Recession?” In the story, Hughes expands on our cautionary report last month that important aspects of the economy appeared to be weakening.


Economic Weakness Appears to be Spreading

– April 29, 2016

Yesterday’s report from the Bureau of Economic Analysis gives the first look at the aggregate state of the economy this year, and it provides reasons for concern.


Pull Yourself Up By Your (Parents’) Bootstraps

– April 28, 2016

We imagine a world where our lot in life is tied to our own talents and initiative, rather than our parentage. We can measure our progress toward this goal: Intergenerational Income Mobility is the extent to which parental income levels are correlated to that of their children when the children are grown.  


Why the Fed Is Likely to Raise Rates in June

– April 27, 2016

The market strongly expected that the Fed would hold interest rates steady in its April meeting. The result was consistent with public expectation. Now the bigger question is whether a rate increase will occur in June, the next FOMC meeting with a news conference and a release of economic projections.


Economic Wellness: Why We Live Beyond Our Means

– April 26, 2016

Americans are living beyond their means more than ever before.