Daily Economy News
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Fed Banks Cautious on the Economy, With a Dash of Hope
Our economic model’s cautious warning, which we published earlier this week, appears to be in line with two reports released today by Federal Reserve banks.
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Giving Past Offenders a Chance at a New Job
If you’ve ever applied for a job, you’ve probably seen one particular question on your form: do you have a criminal record? But it’s becoming increasingly likely that you won’t be asked the next time you apply.
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Today’s Chart: Jobs Are Powering an Uneven Economy
We’ve seen a number of signs of economic softness lately, but the labor market has not been among them. In fact, Thursday’s initial claims for unemployment benefits fell to 253,000 for the week ending April 9, marking its lowest point since 1973.
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Consumer Prices Were Lackluster in March
Consumer prices in March, released today, showed weaker-than-expected growth. The headline Consumer Price Index rose 0.1 percent in March from February. Even though it is the fastest monthly growth since December 2015, it was lower than economists’ expectations.
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Minimum Wage: Can Government Fix the Economy?
Many Americans are legitimately dissatisfied with their economic progress. The tepid recovery has left too many workers unemployed and it has held down wage increases for those with jobs. Still, do we really think mayors, governors and presidents will solve our economic problems?
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It’s Who You Know: Networking and Economic Wellness
We usually think of human capital as knowledge: the education and training you need to complete a task on the job. But networks — “who you know” and how you interact with those people — are also critical to economic wellbeing.
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AIER Internship Helps Students Broaden Their Horizons
AIER’s academic year internship provides an opportunity for local high school and college students to work like economists. Most of our interns spend four to six hours with us each week during their semester. We assign these students to work with a research fellow who provides direction.
-
•
Fed Banks Cautious on the Economy, With a Dash of Hope
Our economic model’s cautious warning, which we published earlier this week, appears to be in line with two reports released today by Federal Reserve banks.
-
•
Giving Past Offenders a Chance at a New Job
If you’ve ever applied for a job, you’ve probably seen one particular question on your form: do you have a criminal record? But it’s becoming increasingly likely that you won’t be asked the next time you apply.
-
•
Today’s Chart: Jobs Are Powering an Uneven Economy
We’ve seen a number of signs of economic softness lately, but the labor market has not been among them. In fact, Thursday’s initial claims for unemployment benefits fell to 253,000 for the week ending April 9, marking its lowest point since 1973.
-
•
Consumer Prices Were Lackluster in March
Consumer prices in March, released today, showed weaker-than-expected growth. The headline Consumer Price Index rose 0.1 percent in March from February. Even though it is the fastest monthly growth since December 2015, it was lower than economists’ expectations.
-
•
Minimum Wage: Can Government Fix the Economy?
Many Americans are legitimately dissatisfied with their economic progress. The tepid recovery has left too many workers unemployed and it has held down wage increases for those with jobs. Still, do we really think mayors, governors and presidents will solve our economic problems?
-
•
It’s Who You Know: Networking and Economic Wellness
We usually think of human capital as knowledge: the education and training you need to complete a task on the job. But networks — “who you know” and how you interact with those people — are also critical to economic wellbeing.
-
•
AIER Internship Helps Students Broaden Their Horizons
AIER’s academic year internship provides an opportunity for local high school and college students to work like economists. Most of our interns spend four to six hours with us each week during their semester. We assign these students to work with a research fellow who provides direction.