I believe it is parents' responsibility to launch their children after college, letting them both succeed and fail on their own.
The first step to ensuring that the benefits of AGOA reach more African people is greater transparency and honesty about what AGOA has achieved and what it hasn't. Given the evidence to the contrary, it is deceitful to use GDP as a proxy for broad-based economic opportunity in sub-Saharan Africa.
It's vacation season and the time of year to step away from work to recharge and refresh. Sadly, many people don't take all the vacation days they earn. Others who take vacation end up working during their time off which defeats the purpose entirely.
This is a freedom that workers in every other wealthy country have long enjoyed; now workers in the United States no longer need a full-time job to get health insurance. And the data indicate that many workers are taking advantage of this option.
Happy 4th of July weekend! The week leading up to the holiday gave us much to celebrate -- and much not to celebrate. We can certainly rejoice that Hurricane Arthur failed to do much damage before weakening and heading out to sea. But there can only be consternation at the Supreme Court's decision to allow some corporations to withhold birth control coverage -- damage reports to follow in the years to come. We can also celebrate that the latest jobs numbers showed the economy added 288,000 jobs in June. Far less worthy of fireworks is the fact that wage growth still lags in this unequal recovery. And though there were ugly anti-immigration protests in Southern California, we can celebrate that most Americans realize it's our shared history as a nation of immigrants that defines us.
We will not see a real recovery that puts even the long term unemployed back to work, until the mountain of private debt is reduced. And that can't happen until we create full employment policies that continue to create more jobs on Main Street.
Over sixty five million people in the US, perhaps a fifth of our sisters and brothers, are not enjoying the "unalienable rights" of "life, liberty and the pursuit of happiness" promised when the Declaration of Independence was adopted on July 4, 1776.
How's the job outlook in your city or county? For residents in all but three of Illinois' 102 counties, the unemployment rate fell in May.
Last month, President Obama belatedly decided that the global climate crisis necessitated action to reduce carbon emission caused by coal. He authorized the EPA to issue draft regulations requiring utilities to cut carbon dioxide emissions from existing coal plants by up to 30 percent by 2030. With climate change and coal's inherent dirtiness not exactly state secrets, I wondered why the president had waited until a difficult election year, when Democrats in coal states face difficult elections. But Obama's unerring sense of timing is a subject for another day. And these proposed regulations, though an improvement, only scratch the surface of what needs to be done. The thought occurred: Wouldn't the economic dislocations of a serious effort on climate change be more bearable if the economy were at full employment?
This month, as kids across the United States wrapped up the school year and started their summer breaks, thousands of children from Central America were embarking on a different kind of transition.
For the first time during the housing recovery, 4 out of 5 Housing Barometer measures are at least halfway back to normal. But young adults are still struggling to get jobs.
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.
We point to entrepreneurship as a more promising option to escape the bonds of unemployment. Entrepreneurship, microbusiness in particular, continues to appeal to millions of persons whom the labor market no longer serves.
From this day forward, someone or something will be pushing every worker to do a better job or be replaced. Unlike the last 50 years, this time the replacement might not be another worker who lives down the street but a robot or some other piece of technology.
"Ban the Box" is a national civil rights movement fostered by advocates for job candidates with criminal convictions.
By establishing a market for import certificates, firms would have powerful incentives to bring the trade deficit into balance. All foreigners sending goods to this country would have to buy the certificates in appropriate amounts from our exporters. Overall, trade would become balanced quickly.