San Jose, California
When the landlord hikes your rent it’s usually not welcome news. But a surge in rents this year represents a counterintuitive bit of good news for the economy and perhaps even for the beleaguered housing market.
City of the Future – Part One
Futurist Thomas Frey: Great communities are founded on great ideas. At the same time, our most admired communities become a magnet, attracting the brightest minds. The relational effect is clear: Bright minds make a community great, and great communities attract bright minds.
61% of Baby Boomers Say Age is Not an Issue at Work
Nearly half of boomers now work for a younger boss.
Are you older than most of your colleagues at work? According to an AP-LifeGoesStrong.com poll, age may be an asset at work, or no issue at all.
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Growing Student Loan Debt Weighs Heavier on Graduates
College loans will top a trillion dollars.
More students will be going to college this and more of these students will borrow money to do so. Student loan debt will likely top a trillion dollars this year. And for the first time last year student loan debt outpaced credit card debt.
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Rising Food and Gas Prices Could Slow Economic Growth
Americans paying more for food and gas.
U.S. consumer inflation rises as Americans are paying more for food and gas. This trend that could slow economic growth in the months ahead according to a new report.
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21st Century Ghost Towns in America
Lake County, Michigan has a 66% vacancy rate.
There are several counties in America, each with more than 10,000 homes, which have vacancy rates above 55%. The rate is above 60% in several.
Jobs Are Back Just Not For the Middle-Aged Worker
Jobs are back. Just not for everybody.
Like many other things in the stutter-step economic recovery, the job market is finally recovering, but progress is uneven and some people are being left out. The latest jobs report, for example, shows that the economy created 216,000 jobs in March, for a total of about 1.9 million new jobs since employment levels bottomed out at the end of 2009. That’s a healthy pace of job growth that will help bring down the uncomfortably high unemployment rate, and, with luck, cement the recovery.
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CEO Pay Jumps 27% While Workers’ Pay Stalls
The highest paid of the CEOs was Philippe Dauman, CEO of Viacom.
CEOs didn’t have to cry poor for long. The heads of the nation’s top companies got the biggest raises in recent memory last year after taking a hiatus during the recession.
Continue reading… “CEO Pay Jumps 27% While Workers’ Pay Stalls”
Jobs of the Future Will Not Support Basic Standard of Living in U.S.
Fewer than 13 percent of jobs to be created by 2018 will meet the economic security threshold for a single parent with two kids.
It’s most welcome news that job growth seems to be picking up again–even if we’ll need a whole lot more of it to get back to where we were before the Great Recession.
Continue reading… “Jobs of the Future Will Not Support Basic Standard of Living in U.S.”
‘Litte Emperor’ Syndrome – China Struggling with Growing Obesity as Economy Sky Rockets
China’s more affluent generation of middle class families have been raising more and more pampered children bringing a growing blight of obesity to Chinese society.
In a sleepy riverside village in Southern China, three-year-old Lu Zhihao tears around his home; his belly, arms and legs wobbling with fat as he stuffs a pear into his mouth.
Traffic Deaths in U.S. Fall to Lowest in Over 60 Years
Traffic fatalities are down despite the fact that vehicle miles traveled is up.
Highway deaths have plummeted to their lowest levels in more than 60 years, helped by more people wearing seat belts, better safety equipment in cars and efforts to curb drunken driving.
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Employers Who ‘Overpay’ Workers Outperform Competitors
The best use of money as a motivator is to pay people enough to take the issue of money off the table, so that people can focus on the work rather than on the cash.
The best use of money as a motivator can be to pay people enough to take the issue off the table.
After more than 200 years of sharing a common language, the United States and Great Britain now share a common predicament.