Economy – Page 25 – Impact Lab

Analysis, Economy, Education, Health & Fitness, Latest Trend

Emotional Health of College Freshman Has Declined to Record Low

January 28, 2011

The economy has added to the stress, not just because of financial pressures
on their parents but also because the students are worried
about their own college debt and job prospects.

The emotional health of college freshmen — who feel buffeted by the recession and stressed by the pressures of high school — has declined to the lowest level since an annual survey of incoming students started collecting data 25 years ago.

Continue reading… “Emotional Health of College Freshman Has Declined to Record Low”

Economy, Globalism, government, Science & Technology News

China Planning World’s Largest Mega-City with 42 Million People

January 24, 2011

China planning to merge nine cities to create the world’s largest mega city.

China is planning to create the world’s biggest mega city by merging nine cities to create a metropolis twice the size of Wales with a population of 42 million. City planners in south China have laid out an ambitious plan to merge together the nine cities that lie around the Pearl River Delta.

Continue reading… “China Planning World’s Largest Mega-City with 42 Million People”

Analysis, Economy, Globalism, Latest Trend, Science & Technology News

China’s Economy Overtook the U.S. in 2010 to Become Number One

January 24, 2011

China’s economy overtook the U.S. in 2010.

Some time in 2010, the Chinese economy overtook that of the United States. In purchasing power parity (PPP) terms – that is, adjusting for the different costs of living in the two countries – the size of China’s economy was $14.8 trillion in 2010, compared to the US economy’s $14.6 trillion.

Continue reading… “China’s Economy Overtook the U.S. in 2010 to Become Number One”

Analysis, Business, Economy, Latest Trend

Economists Predict Unemployment Will Remain Historically High Over the Next Decade

January 17, 2011

The “new normal” unemployment will be worse than the “old normal”.

The American Economics Association held its annual meeting in Denver last weekend. Most attendees appeared to be in a very forgiving mood. While the economists in Denver recognised the severity of the economic slump hitting the United States and much of the world, there were few who seemed to view this as a serious failure of the economics profession.

Continue reading… “Economists Predict Unemployment Will Remain Historically High Over the Next Decade”