Tags » U.S. Economy
The most closely watched indicator in the US economy is the unemployment rate, but is it just a red herring?
Heidi Shierholz, who studies labor issues at the left-leaning Economic Policy Institute, was appointed today as the chief economist at the US Department of Labor, which oversees the research behind the indicator. 355 more words
For a discipline that purports to measure whether people are better or worse off, economics produces an incredible amount of unhelpful data.
Oft-revised readings of annualized rates of GDP growth. 2,023 more words
Seven years ago, Maria K. was a freshman at Loyola University. Today, the 25-year-old is still finishing her undergraduate studies. The Skokie native moved back home with her parents three years ago, and by the time she graduates this year she will face over $80,000 in student loans. 585 more words