Category «Economy»

Unemployment in the EU28 regions in 2013

“Regional unemployment rates varied widely across the 272 NUTS 2 regions of the EU28 in 2013, with the lowest rates recorded in the regions of Oberbayern in Germany (2.6%), Freiburg in Germany and Salzburg in Austria (both 2.9%), Tübingen in Germany and Tirol in Austria (both 3.0%), while the highest rates were registered in five Spanish  regions: Andalucía (36.3%), Ceuta (35.6%), Melilla (34.4%), Canarias (34.1%) and Extremadura (33.7%). Among the regions, 49 had an unemployment rate of …

Subjects: Economy, Financial System, Government Documents

McKinsey – Global flows in a digital age

“Global flows have been a common thread in economic growth for centuries, since the days of the Silk Road, through the mercantilist and colonial periods and the Industrial Revolution. But today, the movement of goods, services, finance, and people has reached previously unimagined levels. Global flows are creating new degrees of connectedness among economies—and playing an …

Subjects: Economy, Financial System

CFPB – Mid-year update on student loan complaints

“The CFPB received more than 2,300 private student loan complaints and more than 1,300 debt collection complaints related to student loans between October 1, 2013, and March 31, 2014.  This mid-year update discusses specific co-signer issues reported by borrowers. Approximately 90% of private student loans were co-signed in 2011. Many private student lenders advertise an option to release a …

Subjects: Economy, Education, Financial System, Government Documents

NYT – Data Reveals American Middle Class Is No Longer the World’s Richest

News release: “All of us at the Luxembourg Income Study Database (LIS) are delighted that the New York Times (NYT) chose to launch their exciting new venture — The Upshot — with an extensive report, Losing the Lead, based on the LIS data. The Upshot, led by Pulitzer Prize winning economics journalist David Leonhardt, premiered today. The NYT report includes additional information about the data and a note …

Subjects: Economy, Financial System, Government Documents

AFL-CIO 2014 Executive PayWatch

“…AFL-CIO President Richard Trumka unveiled the 2014 Executive PayWatch today. According to its data, U.S. CEOs – the highest paid in the world – pocketed, on average, $11.7 million in 2013 compared to the average worker who earned $35,293. That means CEOs were paid 331 times that of the average worker. Many of the CEOs highlighted …

Subjects: Economy, Financial System

College Enrollment and Work Activity of 2013 High School Graduates

“In October 2013, 65.9 percent of 2013 high school graduates were enrolled in colleges or universities, the U.S. Bureau of Labor Statistics reported today. Recent high school graduates not enrolled in college in October 2013 were over twice as likely as enrolled graduates to be working or looking for work–74.2 percent compared with 34.1 percent. Information on school enrollment and …

Subjects: Economy, Education, Financial System, Government Documents

Returning to Full Employment: What Do the Indicators Tell Us?

CRS – Returning to Full Employment: What Do the Indicators Tell Us? Marc Labonte, Specialist in Macroeconomic Policy. April 15, 2014. “Until recently, the economy and labor market were experiencing an unusually slow recovery from the longest and deepest recession since the Great Depression compared to other expansions since World War II. The rapid decline in the unemployment rate …

Subjects: Economy, Financial System, Government Documents

Interpreting Deviations from Okun’s Law

Interpreting Deviations from Okun’s Law. Mary C. Daly, John Fernald, Òscar Jordà, and Fernanda Nechio “Arthur Okun (1962) described the consistent relationship between changes in output and changes in unemployment that has become a standard tool for monetary policymakers and forecasters. The statistical relationship he uncovered has come to be known as Okun’s law. A simple …

Subjects: Economy, Financial System, Government Documents

An Evaluation of the Inflationary Pressure Associated with Short- and Long-term Unemployment

An Evaluation of the Inflationary Pressure Associated with Short- and Long-term Unemployment. Michael T. Kiley. April 16, 2014. “In the years following 2009, long-term unemployment has been very elevated while inflation has fallen only moderately, raising the question of whether the long-term unemployed exert less downward pressure on prices than the short-term unemployed, perhaps because such potential workers are …

Subjects: Economy, Financial System, Government Documents

Report of the President’s Working Group on Financial Markets

Report of the President’s Working (PWG) Group On Financial Markets. The Long-Term Availability and Affordability ofInsurance for Terrorism Risk. Completed pursuant to 15 U.S.C. 6701 note § 108(e) April 2014. “Consistent with the 2006 and 2010 PWG reports, this Report draws its data and conclusions from commentssubmitted in response to the PWG Notice, particularly data provided by two …

Subjects: Cybercrime, Defense, Economy, Financial System, Government Documents, Legal Research

The Flow of Technology Talent into Government and Civil Society – A Report

A Future of Failure? The Flow of Technology Talent into  Government and Civil Society – A Report, Freedman Consulting, LLC.  “Among the key findings of this report: The Current Pipeline Is Insufficient: the vast majority of interviewees indicated  that there is a severe paucity of individuals with technical skills in computer science, data science, and the Internet or …

Subjects: Economy, Education, Government Documents, Knowledge Management