Pertinent Category: Daily Economy

AARP’s Look at Older Workers and Jobs

– April 15, 2015

As we get ready to release the AIER older workers study tomorrow, let’s shine the light on another study on a related subject that came out last month. Our friends at the AARP Public Policy Institute surveyed 2,492 people ages 45-70 who were unemployed at some point in the last five years

READ MORE

Understanding Cheap Oil

– April 13, 2015

Here’s an interesting take on the oil price crash in The Wall Street Journal, showing how things have changed, in seven charts. In the last year, the price of a barrel of crude oil has fallen to nearly half the price that it was.

READ MORE

The Fluctuating Prices of Bacon and Mountain Dew

– April 10, 2015

In November, Steve Estelle’s Financial Algebra class embarked on a creative project designed to teach his students a lesson in price fluctuations, with a little help from the American Institute for Economic Research. When the project started the expectation was that there would not be a lot of price changes in Great Barrington stores during a ten week time span. When we returned to Mr. Estelle’s Monument Mountain High School class in March, we were surprised by the outcome.

READ MORE

Fed Panel Wants Flexibility in Raising Rates

– April 9, 2015

The Federal Open Market Committee March meeting minutes released on Wednesday highlight several changes compared with the previous  meeting in January, which are worth noting. All in all, the FOMC is on track to start raising interest rates. Even though the timing of the first rate rise is not decided, the policy tools and strategies are getting clearer.   

READ MORE

For Summer Beach Reading, China’s Economy

– April 8, 2015

Here’s an interesting story in Fortune listing 10 must-read books about the world’s second-largest economy, China.

READ MORE

Job Openings Increase While Quits Fall

– April 7, 2015

Americans had been quitting their jobs at a quickening pace in January, but in the snows of February, that momentum stalled, according to data out this morning from the Bureau of Labor Statistics.

READ MORE

Where Millennials Go After College, and Why

– April 6, 2015

This spring, the American Institute for Economic Research will release our Employment Destinations Index, ranking American metro areas on their attractiveness to college graduates who are between the ages of 22-35.

READ MORE

Why We’ll Bounce Back From a Weak Jobs Report

– April 3, 2015

There are a few good reasons why the jobs numbers released by the Labor Department were broadly weak – and why they’re likely to improve in the months ahead, says Bob Hughes, senior research fellow at the American Institute for Economic Research.

READ MORE

McDonald’s Raises Reflect a Changing Economy

– April 2, 2015

The slow growing relationship between the economic expansion and wage growth was brought into the spotlight this week when McDonald’s announced it plans to raise wages by over 10 percent for company-owned restaurants.

READ MORE

The Economic Soft Patch Continues

– April 1, 2015

It might just be the weather or garden-variety economic volatility, but no matter the reason, the storyline of an economic soft patch continued this morning.

READ MORE

Decision Weighs Heavy on Americans with Subsidies

– March 31, 2015

The Supreme Court is deliberating on a case, King v. Burwell, which challenges the legality of the federal government subsidizing health insurance in the 37 states that did not set up their own health insurance exchanges. This is a politically charged debate, both about whether the law is working, and what the real-world implications would be if subsidies are struck down in those 37 states. While it’s not my place to say whether the law is working, it is important to clarify what this Supreme Court decision is about, and who it affects.

READ MORE

Income Inequality and Life Expectancy

– March 30, 2015

There’s an interesting story in The Upshot section of The New York Times today about income inequality and life expectancy. The story highlights a study by the University of Wisconsin Population Health Institute that looks at the relationship between h …

READ MORE