Jobs and economy (page 9)

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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
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    Kudlow defends ‘Trumponomics’

    Paul Bedard of the Washington Examiner highlights Larry Kudlow’s recent musings about Trump administration economic policy. National Economic Council Chairman Larry Kudlow, one of President Trump’s top policy advisors and an architect of the 2017 tax cut, said that Trump stays awake because he is “obsessed” with rebuilding…
    Mitch Kokai, October 23, 2018
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    Higher minimum wage cuts opportunity to work

    Experienced workers in Seattle had their hours cut but were able to find work outside the city to offset their lost wages, less experienced workers had no gains, and those out of work were less likely to enter the workforce. Those are the key findings of the latest look at…
    Joseph Coletti, October 22, 2018
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    Drawing workers back into the economy

    Colin Wilhelm of the Washington Examiner highlights an interesting projection from top Trump administration economic adviser Kevin Hassett. Top Trump administration economist Kevin Hassett believes that the booming economy will draw millions more people back to work, defying projections for falling workforce participation, with an additional nudge from…
    Mitch Kokai, October 19, 2018
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online that a Wayne County school has been chosen to join the state’s Innovation School District. Andy Taylor’s Daily Journal reminds politicians that they can’t turn the clock back to the immediate post-World War II era.
    Mitch Kokai, October 19, 2018