In the fall of 2007, when the U.S. economy first seemed in peril, I began answering reader queries here on the Business Desk. I still do so occasionally, but this page has expanded to include posts from eminent economists, "far-flung correspondents," and a variety of voices that have intriguing and/or useful things to say about economics, broadly defined. Please feel encouraged to respond to any and all of them.
The U.S. economy has lost millions of jobs over the past year. And in order to avoid further layoffs, many organizations are asking employees to make painful sacrifices - wage cuts, fewer benefits, and unpaid leave. We'll explore this in a segment scheduled to air on the NewsHour Friday about the "share" economy.
At Boston's Beth Israel Deaconess Medical Center, more than 400 positions have been saved thanks to executives taking lower salaries and employees offering donations. The hospital's CEO, Paul Levy, recently told spoke with me about how he and his staff worked together to save as many jobs as possible. Watch the interview here in this Web extra.