For an economy heavily dependent on consumer spending, this is not a trivial consideration.
In 2008 the world was riveted by the economic collapse of Europe as countries plummeted into financial ruin due to deficits out of control. Particularly hard hit were countries like Greece, Portugal, Ireland, Cyprus, and Spain.
Two myths that caused great confusion over the last several years are now headed to the trash bin of history. Unfortunately, many of our great national myths have survived 2014.
Paying off a complete stranger's layaway account is something my wife and I first did three years ago.
Ask anyone who has been out of work for an extended period of time, and you will surely hear that being unemployed is far more difficult than what their last job actually demanded of them.
Every day in the United States, with just the "click" of a button millions of Americans apply for employment. It's so effortless, in fact, that I can type this piece, pause for one or two seconds and CLICK; I just applied for a job, in literally, a blink.
As the green business sector continues to grow, opportunities for businesses and individuals will grow with it. It is up to all of us who work in the region to find innovative ways to forge these partnerships and help create sustainable economic growth.
Feelings of security, confidence, and self-reliance; a supportive relationship with a caring adult --a child needs all of these in order to learn and grow.
The ACA is far from perfect. It would have been much better to have a universal Medicare system, or at least have a public option, but it was a huge step forward not only because it insured millions of previously uninsured people but, even more importantly, because it freed tens of millions of workers from dependence on their employers for insurance.
With inflation still running at 1.7 percent and downside risks such as the slowing world economy, there's no excuse for the Fed to be throwing people out of work by raising interest rates. Let's hope that public pressure and an improved debate over Fed policy can keep this country moving toward full employment.
It's that magical time of year when the wee folk of Capitol Hill actually get something done. These brief bursts of activity only happen very rarely, of course, and always immediately proceed another one of the many, many long vacations Congress takes during the year.
By Mary Ellen Sprenkel, President and CEO of The Corps Network Yesterday I was excited, but not entirely surprised, to read about a new study publish...
Today's solid jobs report highlights a continuing labor market recovery, but one in which unemployment -- especially long-term unemployment -- remains high relative to recent recoveries.
The median household income in 2013 was only slightly above that reported for 1995 (after adjusting for inflation), while costs for necessities like housing (rent), health care, and education are making it much more difficult for middle-class folks to get by.
Raising the minimum wage is often framed as a classic business-versus-workers issue. But even strictly from the workers' point of view, there is a del...
Under the Illinois Worker Adjustment and Retraining Notification Act (WARN), employers with 75 or more full-time workers must notify the state 60 days in advance if they plan to layoff employees or shut down operations.