Jobs and economy (page 5)

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    Real American poverty declining

    Robert Doar of the American Enterprise Institute explains that an accurate measurement shows a decline in American poverty. Something that should go without saying but too often does not: When we calculate how many Americans live in poverty and how well our social safety net is reaching them,…
    Mitch Kokai, November 5, 2018
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    Another reminder that taxing savings and investment leads to long-term problems

    Richard Moody’s brief observation in Barron’s “Market View” offers an important lesson about the value of savings and investment. For some time we’ve argued that the main culprit behind notably weak productivity growth over the course of the current expansion has been underinvestment on the part of firms.
    Mitch Kokai, November 5, 2018
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    National labor groups’ role in promoting minimum-wage hikes

    Bill McMorris of the Washington Free Beacon examines support for increases in the government-mandated minimum wage. Out-of-state interests from the labor community are the main drivers behind several state ballot initiatives to pass steep minimum wage hikes, according to a new analysis. Voters in Arkansas and Missouri are…
    Mitch Kokai, November 1, 2018
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online on the N.C. House District 22 election. John Hood’s Daily Journal highlights a new study naming Charlotte and Raleigh as top spots for tech employment opportunities.
    Mitch Kokai, October 31, 2018
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    Trump trade war takes toll

    Al Root explains for Barron’s readers how President Trump’s trade dispute with China is affecting American corporations. When President Donald Trump first took on China over trade, it was easy to ignore because the impact hadn’t hit corporate profits. No longer. During second-quarter earnings season, companies said essentially…
    Mitch Kokai, October 29, 2018
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    Work requirements are “fourth best” option

    What works better than work requirements to get poor people to work? During a roundtable discussion on work requirements in anti-poverty programs, Michael Tanner of the Cato Institute 1) general economic growth, 2) removing barriers to participation in economic growth such as occupational licenses and post-prison criminal sanctions on…
    Joseph Coletti, October 26, 2018
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    Research: Some minimum-wage workers gain in Seattle, if they’re more experienced and find work outside Seattle

    As usual, the ones who get left behind by hiking the minimum wage — the ones unemployable at the higher wage floor — are be the poorest, the least-skilled, and the disadvantaged.
    Jon Sanders, October 24, 2018
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    PolitiFact sets the record straight on teacher pay (kinda)

    Read: NC Democrat blames Republicans for low teacher pay. Why his claim is misleading Unfortunately, the article does not say a word about increases in total compensation.  After all, employee benefits were a $2.8 billion expenditure in 2017 and have increased susbstantially since the Great Recession.  Moreover, there is…
    Terry Stoops, October 23, 2018