Economy

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Main Street: Findlay, Ohio

How many times during the past several years have you heard one commentator or another express the same familiar lament? “We just don’t make anything anymore.” Of course, it’s not true. Not even close. No country exports more than the United States except China. What is true is that millions of manufacturing jobs have been [...]

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Following the money: Tax breaks

Earlier this year, Need to Know presented “A tale of four tax returns” which profiled four New Jersey residents with dramatically different incomes to demonstrate how current tax regulations disproportionately benefit some Americans more than others

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  Certifiably employable

Rick Karr recently visited Seattle to look at a program designed to give the unemployed the skills they need to find jobs in one of the country’s fastest-growing industries.

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  Interview: Acting Secretary of Labor Seth Harris

Seth Harris, acting Secretary of Labor on the challenges of our new economy.

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The new vocational training

Professional certification programs are one way to gain entry into new employment sectors with credentials agreed upon by the industry itself. The Department of Labor has a new comprehensive employment website: Job Center USA (http://jobcenter.usa.gov/) in the BETA phase.

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  Need to Know: May 3, 2013: Retraining America

Rick Karr travels to the state of Washington to report on The National STEM Consortium – a program designed to target this type of structural unemployment by improving the scientific, technical and mathematical know-how of American workers.

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  Head start on savings

Stacey Tisdale travels to Mississippi to examine a program designed to help low-income, mostly African-American children save for college — and teach them about banking and money along the way.

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  Need to Know: April 19, 2013: Mississippi Savings

A program designed to help low-income, mostly African-American children save for college – and teach them about banking and money along the way.

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  Interview: Richard Cordray: Consumer Finance Protection Bureau

The Consumer Finance Protection Bureau ” is charged with overseeing the Federal financial laws that specifically protect consumers—people who keep their money in banks and credit unions, pay for goods and services with their credit cards, and rely on loans to buy homes or pay for college, among other services.”

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Modern manufacturing 101

The demand for skilled labor continues to expand — but the global workforce has not necessarily caught up. Over the past few decades, American manufacturers have increasingly looked abroad for skilled workers to fill the supply gap. A McKinsey and Company report published in 2012, The world at work: Jobs, pay and skills for 3.5 [...]

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3 things to know about behavioral economics

What exactly is ‘behavioral’ economics? In understanding the distinction between behavioral and theoretical economics, it’s important to understand that within the ‘traditional’ view of economic theory, it is assumed individuals behave in a vacuum. In practice, however, the attitudes and wants of individual actors is well, human. In an interview with Yale professor Robert Shiller, Nigel Warburton clarifies this: So what you’re saying [...]

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  Save USA

April 15 is just around the corner, and millions across the country are scrambling to get their taxes paid. But tax season may also offer a unique opportunity for some low-income Americans. “Save USA” is a program created by New York City Mayor Mike Bloomberg and funded by federal, state and private dollars. The idea? [...]