Jobs and economy

No, it’s not the Onion; it’s the New York Times. Columnist Ginia Bellafante explains: On Jan. 1, the new minimum wage, set at $15 an hour, went into effect in New York City, and most companies employing more than 10 people have to pay it. … But…

Bill McMorris of the Washington Free Beacon highlights the latest estimates of costs associated with raising the minimum wage. Academics, workers, and small business owners say the Democratic push to raise the minimum wage to $15 an hour could cut 2 million jobs and hurt the workers lawmakers…

This isn't even the usual case of asserting a "stimulus" effect based on a questionable "economic impact" study. There's no study, just a flat assertion.

Now that trade wars are back in fashion, a recent working paper published by the National Bureau of Economic Research seems particularly timely. The paper is “Macroeconomic Consequences of Tariffs” by Davide Furceri, Swarnali A. Hannan, Jonathan D. Ostry, and Andrew K. Rose. If the authors’ conclusion (which I’ve highlighted in…

Editors at Investor’s Business Daily remind us that a key indicator of economic activity continues to look good. There’s a word to describe December’s jobs report: Wow! With 312,000 new jobs in December, employment growth was much stronger than anyone anticipated. That’s especially true given recent squishy economic…

From Charlotte Observer:  The last several weeks of 2018 featured a wave of companies announcing plans to move their corporate headquarters to Charlotte or grow their headcount here, moves made easier by millions of dollars in incentives from local and state governments. The John Locke Foundation continually writes in…

When Apple chose Austin over Raleigh for its major new expansion project, some N.C. economic developers fretted about another “loss” for the Tar Heel State. Jon Sanders analyzes Apple’s decision for the next edition of Carolina Journal Radio. Jordan Roberts assesses the significance of a recent federal…

That’s how Stephen Moore describes the previous year in a Washington Times column. If 2017 was the year of the investor with stock market gains of more than 25 percent during President Trump’s first year in office, 2018 was undoubtedly the year of the American worker. These past…