WHY AREN’T WAGES HIGHER? (AS REPORTED BY PETER COY ON WWW.BLOOMBERG.COM)

The good news is that the unemployment rate is lower now than it has been at any time since before the Great Recession. The bad news is that average wages have not risen as much as most economists would expect them to. Traditionally, the better the unemployment rate, the higher employers have to pay workers… Read More

INCOME INEQUALITY AND AGE (AS REPORTED BY ALLISON SCHRAGER ON WWW.QZ.COM)

If you pay attention to the news much these days, you are likely to hear a lot about income inequality. The fact that incomes at the very top have grown rapidly over the last several decades while everyone else’s have stagnated is a large drain on the economy. And brand new research suggests that your… Read More

FINANCIAL STATISTICS BASED ON DEGREE TYPE (AS REPORTED BY WWW.PRICEONOMICS.COM)

The majority of would-be college students are not choosing majors based on which professions will pay them the most money. That’s because our culture promotes “you can be whatever you want to be” and encourages them to pursue a field they are passionate about, regardless of money. But the truth is, some degrees lead to… Read More

UNEMPLOYMENT FAQS (AS REPORTED BY MARIANNE HAYES AT WWW.LEARNVEST.COM)

Unemployment is never the goal. But at some point in our lives, most of us will find ourselves without work for one reason or another. And so it is a good idea to learn the basics of unemployment benefits. The full details of unemployment depend largely on your state, since they are the ones who… Read More