Economy

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  Savings and loans

In this program, we visit employers implementing the program, who agree it has dramatically reduced employee turnover and increased productivity.

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  American Voices: Dan Ariely

For many people, saving money isn’t just difficult; it’s a foreign concept. A recent study found that 58% of Americans do not have a formal retirement plan in place.¹ Why is even thinking about saving money so daunting to so many of us? We spoke with Dan Ariely, professor of psychology and behavioral economics at [...]

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  Prescription for savings

As we reported on this week’s episode of “Need to Know,” several employers across Northern Vermont are participating in the “Working Bridges” program, which allows workers to take out “income advance loans” to help pay for unexpected expenses. The loans are then paid off through small paycheck deductions. “It’s a loan that is available to [...]

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  Need to Know: April 5, 2013: Working bridges

In this program, we visit employers implementing the program, who agree it has dramatically reduced employee turnover and increased productivity.

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Financial round table participants

Jared Bernstein’s areas of expertise include federal and state economic and fiscal policies, income inequality and mobility, trends in employment and earnings, international comparisons and the analysis of financial and housing markets. He joined the Center on Budget and Policy Priorities in May 2011 as a Senior Fellow. From 2009 to 2011, Bernstein was the Chief [...]

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State economics: Budget recipes

President Obama continues to dine with GOP politicians and everyone with a budget plan has hit the news circuit. The word “entitlements” is on everyone’s lips. But to what end? Do you need a degree in the “dismal science” to parse the competing budget plans? Below you’ll find links to the actual proposals and a [...]

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  Need to Know: March 29, 2013: Economic inequality and mobility

We’ve invited three highly-respected economic thinkers from different perspectives, to see if there is some common economic ground, and whether that common ground tells us anything about how we can improve our economic health.

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The debt crisis affects Cyprus

This weekend’s news that the island nation of Cyprus is in need of a financial bailout proves the very real concern over economic contagion. In light of the situation there, we can effectively link the Greek bond defaults to the crisis within Cyprus Popular Bank, the most heavily exposed bank in the nation. “Cypriot banks [...]

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Taking on unemployment bias

Despite job growth in February, the national unemployment rate remains at 7.7 percent, according to the National Bureau of Labor Statistics. Of the more than 12 million Americans currently out of work, approximately 40 percent have been seeking a job for six months or more. Algernon Austin, who directs the Race, Ethnicity and the Economy [...]

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  Interview: Peter Cappelli on the secret of employment

Peter Cappelli is the George W. Taylor Professor of Management at The Wharton School and Director of Wharton’s Center for Human Resources and author of Why Good People Can’t Get Jobs: The Skills Gap and What Companies Can Do About It.

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Ask the experts: skills gap

This week our program focuses on jobs and the often discussed “skills gap” many say exists in the U.S. We report that twelve million Americans are jobless and looking for work but just what kind of work and where to find it does not yield a definitive answer. Some are of the opinion that the [...]

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  Manufacturing jobs in Alabama

The State of Alabama has a possible solution. It’s a program called Alabama Industrial Development and Training. Local shipyard owners say they can’t find enough skilled workers around here who know how to do the things they need, to weld properly, to fit pipes.