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Category Archives: Economy

Gallup – Millennial Employees: Flight Risk for Companies

J. Brandon Rigoni and Bailey Nelson, Gallup: “Six in 10 millennials say they’re open to different job opportunities, and only 50% plan to be with their company one year from now. For most companies, millennials are a “flight risk.” Given this, organizations need to recognize how millennials search for and select employers — and then develop and promote their brands accordingly to attract them. Of chief importance in understanding millennial job seekers is their behavior as consumers of workplaces. That is, millennials do a lot of homework on prospective employers, gathering information to form opinions on an organization’s brand and what it would be like to work there. Millennials want to be deeply interested in their work, receive opportunities for advancement and work with managers who develop them. They also possess the hyperconnectedness through a continuous flow of digital information to hunt down the companies that provide the job attributes they want…”

CRS – Reforming the U.S. Postal Service

Via FAS – Reforming the U.S. Postal Service: Background and Issues for Congress. Michelle D. Christensen, Coordinator, Analyst in Government Organization and Management; Kathryn A. Francis, Analyst in Government Organization and Management; Garrett Hatch, Specialist in American National Government. August 25, 2016. “This report provides background information on the responsibilities, financial challenges and workforce issues… Continue Reading

GAO Reports – Army Patriot Modernization, SEC Conflict Minerals Rule

Patriot Modernization: Oversight Mechanism Needed to Track Progress and Provide Accountability, GAO-16-488: Published: Aug 25, 2016. Publicly Released: Aug 25, 2016: “While the currently fielded version of the Army’s Patriot surface-to-air missile system is an improvement over prior versions, the Army currently plans to spend about $2.9 billion between fiscal years 2013 and 2021 on… Continue Reading

Improving access to government services through a shared authentication platform

“18F, which is part of the General Services Administration’s Technology Transformation Service, is building an authentication platform to make online interactions with the U.S. government simple, efficient and intuitive. This platform will be a service shared by agencies to streamline logging in and to allow the public to securely access personal information and federal government… Continue Reading

Success and Failure in Stock Exchange Consolidations: Implications for Markets and Their Regulation

Jordan, Cally, Success and Failure in Stock Exchange Consolidations: Implications for Markets and Their Regulation (January 24, 2016). CIFR Paper No. 118/2016. Available for download at SSRN: http://ssrn.com/abstract=2829188 “The catalyst for the preparation of this working paper was the epochal merger in 2007 of the New York Stock Exchange with Paris-based Euronext, itself a consolidation… Continue Reading

State and Local Finance Initiative’s State Economic Monitor

Via Urban Institute: “The State and Local Finance Initiative’s State Economic Monitor tracks and analyzes economic and fiscal trends at the state level. Its interactive graphics highlight particular differences across all 50 states and the District of Columbia in employment, earnings, housing, and taxes.” Continue Reading

Report and Recommendations: Fighting Elder Financial Exploitation through Community Networks

CFPB – “Elder financial exploitation destroys the financial security of millions of older Americans annually. In response to this crisis, hundreds of communities across the United States have created collaborative networks to protect their older residents.  To increase our understanding of how elder financial protection networks can grow and endure, the CFPB conducted research nationwide.… Continue Reading

Paper – The Myth of Free

Newman, John M., The Myth of Free (August 21, 2016). Available at SSRN: http://ssrn.com/abstract=2827277 “Myths matter. This Article is the first to squarely confront a powerful myth that pervades modern economic, technological, and legal discourse: the Myth of Free. The prevailing view is that consumers capture massive welfare surplus from an ever-rising flood of innovative… Continue Reading

Data shows how much you must earn to buy a home in 27 metro areas

Tim Manni, HSH.com, Aug 22, 2016: “See [this data to know] exactly how much salary you would need to earn in order to afford the principal, interest, taxes and insurance payments on a median-priced home in 27 metro areas. Key takeaways: Only three metro areas were more affordable during the second quarter: Tampa, Orlando and… Continue Reading

Iran: Politics, Gulf Security, and U.S. Policy

CRS report via FAS – Iran: Politics, Gulf Security, and U.S. Policy. Kenneth Katzman, Specialist in Middle Eastern Affairs. August 19, 2016. “Since the Islamic Revolution in Iran in 1979, a priority of U.S. policy has been primarily to reduce the perceived threat posed by Iran to a broad range of U.S. interests, including the… Continue Reading

Flood Insurance: Review of FEMA Study and Report on Community-Based Options

Flood Insurance: Review of FEMA Study and Report on Community-Based Options, GAO-16-766: Published: Aug 24, 2016. Publicly Released: Aug 24, 2016. “The Federal Emergency Management Agency (FEMA) used reasonable objectives and methodology for its study on community-based flood insurance (CBFI)—flood insurance that a community would purchase to cover all properties located within it. FEMA contracted… Continue Reading

CRS – How Treasury Issues Debt

How Treasury Issues Debt, Grant A. Driessen, Analyst in Public Finance. August 18, 2016. “The U.S. Department of the Treasury (Treasury), among other roles, manages the country’s debt. The primary objective of Treasury’s debt management strategy is to finance the government’s borrowing needs at the lowest cost over time. To accomplish this Treasury adheres to… Continue Reading