In 2014, most experts agree that we've already escaped the worst of the recent economic trouble. As the economy slowly recovers, and rough patches like joblessness and underwater mortgages become less common, the imperative to protect your credit still remains
While the state economy appears to be on the mend, it's certainly a slow one and Illinoisans are running low on patience. Job growth during the coming months could have a telling impact in November.
On top of devastating the country, wiping out many people's savings, and increasing the obscene gap between the wealthy and the rest of us, the Great Recession may have had the side effect of increasing racial tension.
Five years after the end of the Great Recession, the economy is far from healthy. A tragic mix of budgetary blunders and congressional inaction deserve the lion's share of the blame for this.
The wisdom and necessity of action can, and should, be debated. Those debates, like most foreign policy debates are discussions of strategy, scenarios and interests, but rarely seriously consider the needs and hopes of the American people.
There is outrage that leads to senseless violence and further repression, but there is also the potential for outrage that leads to peaceful protest, as in the civil rights movement and the anti-war movement that I was part of more than 40 years ago.
Is it time for me to surrender and join the bullish herd? No.
Long tech and short toil will fuel growth tomorrow, but whether we are able to stomach the journey today is far more unclear. The impact of the unfolding clash between technology and toil will be bruising in the shorter term. Its resolution will be critical to the future of economic growth.
Downshifting is a perfectly valid choice when you feel you also have the option not to take it; when you have all the information you need in order to make an empowered decision; when you have been given (or have earned) the tools to really choose.
Discouraging new forms of entrepreneurism that threaten established businesses, is a classic form of government interference that affects many different industries in the urban marketplace.
He remembers the exact date -- November 30, 2008. That is when Hue Galloway of New Britain, Connecticut was laid off with just a week's notice from his job repairing printers and computers throughout the state. His annual evaluations, he said, had been good -- 30 years of experience and 'never a bad review,' but that didn't keep him from being let go without any real explanation.
In recent years, private-sector forecasters have been surprisingly accurate at forecasting changes in the unemployment rate, but they have been equally inaccurate when forecasting changes in the federal funds rate, the baseline interest rate controlled by the Fed.
"When we talk about race... there's a divide when it comes to home ownership and the creation of wealth," said Mark Hugo Lopez, director of Hispanic r...
More than half of state tax dollars go to fund education and health care. State tax dollars also fund other critical services such as transportation, corrections, public assistance, care for residents with disabilities, police, state parks, and general aid to local governments.
Children have only one childhood, and it is now. We know what to do. We know what works. We must make it happen now by working together.
For those of us who work in the nonprofit sector, the news by the Nonprofit Finance Fund that even after the "end" of the recession the demand for services continues to rise is not surprising.