Jobs and economy (page 8)

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    Promising data on incomes, poverty

    Joseph Lawler of the Washington Examiner highlights the latest positive economic news. Typical family incomes rose to new record highs in 2017, and poverty subsided to pre-recession lows, the Census Bureau reported Wednesday. Median household income rose to $61,400, according to the bureau’s Current Population Survey, improving 1.8…
    Mitch Kokai, September 13, 2018
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    Bursting of the higher education bubble

    Editors at Investor’s Business Daily welcome the end of the higher education bubble (discussed frequently in this venue). A good indication of a tightening labor market is the fact that several major corporations have dropped their college degree requirements. College just became an even bigger…
    Mitch Kokai, September 11, 2018
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    Does Raising the Minimum Wage Eliminate Jobs?

    A recent study conducted by the Center for Research on the Wisconsin Economy at the University of Wisconsin-Madison suggests the answer is, “Yes”! From the Summary: Beginning in 2014, the state of Minnesota began a series of minimum wage increases. By contrast, Wisconsin increased its state minimum wage in…
    Jon Guze, September 7, 2018
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    Daily Journal: Our economy needs new enterprises

    John Hood writes for Carolina Journal’s Daily Journal that while North Carolina’s economy is in reasonably good shape with a job-creation rate exceeding the national average and average income per person growing faster than the national average, the economy would be better off if more people were starting new…
    Anna Manning, September 6, 2018
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    Who is supposed to collect the ACP payment?

    The $57.8 million payment agreed between Gov. Cooper and the Atlantic Coast Pipeline partners remains in limbo and a new investigative committee will “probe Cooper’s involvement with the Atlantic Coast Pipeline,” Dan Way writes for Carolina Journal. From committee debate, it appears nobody knows, or will say, whether the…
    Joseph Coletti, September 6, 2018
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    Entitlements always expand

    Get paid now to take parental leave in exchange for deferring Social Security payments later. It sounds like a simple and “budget neutral” to help women earn more in their careers while getting their children off to a good start. Kristin Shapiro, Andrew Biggs, and others have argued on…
    Joseph Coletti, September 5, 2018
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on the legislative committee that will look into concerns surrounding a $58 million Atlantic Coast Pipeline fund. John Hood’s Daily Journal explains why the N.C. economy needs more new business enterprises.
    Mitch Kokai, September 5, 2018
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    How tariffs harm the poor

    Not long ago I wrote about how tariffs are like minimum-wage laws: they're both policies based in bad economics, well outside the mainstream of economic thought. They're also (and for the same reason) especially bad for the poor.
    Jon Sanders, September 4, 2018