What a whirlwind the United States Presidential Election was! It sparked record interest in the Presidential Debates and polls predicted the highest turnout rate of voters in the history of… Read more »
Great graphic from the CBPP on unemployment insurance benefit duration (in weeks) by state. Unemployment insurance (UI) benefits are state administered and generally most workers are eligible for up to… Read more »
According to an analysis conducted by two former census bureau officials median income for the average American is still around 6 percent lower (after adjusting for inflation) than when the… Read more »
President Obama has proposed raising the 2013 federal minimum wage to $9, from the current hourly minimum of $7.25. The current minimum-wage, last raised in July 2009, equals an annual income… Read more »
[Updated Jan 2013] Congress and the Obama administration have reached an agreement that will avert a significant portion of the fiscal cliff and its associated impacts on your pay check and… Read more »
[Updated following fiscal cliff deal] – Unfortunately it looks like the payroll tax credit will not be extended into 2013 under the new deal Congress and the Obama administration have reached. See… Read more »
The Federal Reserve announced a new round of quantitative easing, known as QE3, to boost economic growth and promote employment. The stock markets and investors reacted very favorably, building on… Read more »
In a presidential campaign, you hear lots of rhetoric on the how bad the economy is (Republican viewpoint) or how things are much better than in 2008, when we were… Read more »
[Update – Fed Undertakes QE3] The Federal Reserve has confirmed market expectations of a new round of quantitative easing, known as QE3. The new round of easing will be done… Read more »
[Latest Update] As many had predicted, the debt Super Committee has failed to come up with a deficit reduction plan. Basically the not-so-super members failed to get past party line… Read more »