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.
This week, the House Ways and Means Committee is poised to demonstrate exactly how the rules get rigged. Beginning on Tuesday, the committee will mark up a series of bills on corporate tax breaks -- known as "extenders" because they have been extended regularly every year or two for over a decade.
We can just make stuff up with aplomb. One day we say the market rises as "investors cheer" good employment numbers; the very next day we attribute the decline to "structural problems" and look forward to a long decline! Were those structural problems not present yesterday when investors were cheering?
Until we address the root cause of the problem, students will continue to graduate with big debts that not only burden them, but create a drag on the economy as a whole.
The rates of suicide, unemployment, and homeless for veterans continue to rise. I believe this has a lot to do with the civilian-military divide, compounded by the media sensationalizing PTSD.
Bond traders seem to have seen Steve Martin's The Man With Two Brains so often they have forgotten it was a comedy. And these are the folks the equity markets are supposed to pay attention to?
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 President Franklin Delano Roosevelt gave his first inaugural address on March 4, 1933, he was advising an anxious nation that fear itself was the...
Illinois' unemployment rate in February was 8.7 percent, which was the second highest in the nation ahead of only Rhode Island. But when looking at the 102 counties in Illinois, only 18 counties actually had an unemployment rate lower than the state's rate of 8.7 percent.
So far this year, the mid-cap banks are outperforming their behemoth cousins, and we now may know why. The big question, though, is how detrimental have these new regulations been to the economic recovery?
Times are pretty hard now. You can turn on the news and bear witness to all types of negative news stories. WTOP reports that unemployment rates are c...
While Illinois' unemployment rate has dropped marginally over the past five years, the unemployment rates in Indiana, Michigan, Ohio and Wisconsin have dropped more substantially.
"There's a lot of anger out there, there's a lot of frustration. One minute people are bored and apathetic, the next minute they're in the streets burning cars. We are seeing that already in some European cities, it's really urgent that we change the conversation in such a way that young people start to listen instead of just assuming, 'Ah, this doesn't apply to me, it's all bullshit.'"
Since December 28, 2.3 million Americans have lost their unemployment insurance, with the expiration of the Emergency Unemployment Compensation program. Every week, on average, an additional 72,000 Americans are cut off -- the equivalent of one person every eight seconds.
It's a week before Earth Day, and spring has sprung. Now is the perfect time to think about your individual environmental impact. What does the star...