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By DEAN BAKER— Did an Excel error cost you your job? This is what people around the world should be asking after researchers at the University of Massachusetts uncovered a serious calculation mistake. The mistake was in an enormously influential paper by Carmen Reinhart and Ken Rogoff, two prominent economists, which purports to show that high levels […]
Continue reading …While U.S. homeowners are most likely to say they bought for the investment benefit, with 16% saying so, nearly as many say it was just because they “believe in owning.” Affordability is the main issue keeping renters from buying.
Continue reading …American Dream of Owning Home Lives On, Even for Young Most Americans either own a home and will continue to do so (56%), or don’t own a home but plan on buying one (25%). Eleven percent don’t own a home and have no plans to buy one; 3% own a home but plan on selling […]
Continue reading …The 100,000 Jobs Mission announced April 17, 20913, that its member companies have collectively hired 64,628 U.S. military veterans through the first quarter of 2013. JPMorgan Chase and ten other companies with the goal to collectively hire at least 100,000 veterans by 2020 launched this private sector initiative in early 2011. In two years, the […]
Continue reading …The average starting salary for new college graduates earning bachelor’s degrees has increased 5.3% from last year, according to a new report by the National Association of Colleges and Employers (NACE). NACE’s April 2013 Salary Survey — the first look at starting salaries for the Class of 2013 — found that the average starting salary […]
Continue reading …Guy Ryder, ILO Director-General ILO News– ILO Director-General, Guy Ryder, has called for policy reforms in the Arab region to strengthen social dialogue, tackle soaring youth unemployment, promote social protection and foster the rights of workers and employers to freely organize themselves. “What is needed is a comprehensive vision for sustainable economic and social development” […]
Continue reading …Bummer job prospects and deflating wages await most of the graduating class of 2013, a new report finds. The Great Recession and its aftermath have decimated job prospects and earnings for young workers, a new Economic Policy Institute (EPI) report shows. In The Class of 2013: Young Graduates Still Face Dim Job Prospects, EPI researchers Heidi […]
Continue reading …Male nurses aren’t as rare as they used to be. More men are becoming RNs. While the nursing profession remains overwhelmingly female, number of male nurses has tripled during the past 40 years, according to a new U.S. Census Bureau study. In 2011 330,000 men were employed as nurses in the United States, about 9.6% […]
Continue reading …By Dennis Jacobe, Gallup Chief Economist– Twenty-six percent of Americans say now is a good time to find a quality job — the highest since March 2008. This is also up from 22% in March and from 21% a year ago, but not much different than the 25% who said the same in January. At the […]
Continue reading …Guy Ryder, ILO Director-General OSLO – In a move to restore confidence in jobs and growth in Europe, the 9th European Regional Meeting of the International Labour Organization (ILO) adopted the Oslo Declaration. The Declaration which strengthens the role of the ILO in Europe and Central Asia is set to help countries affected by the crisis to overcome […]
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