Economy

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  American Voices: George Wentworth

We need to, I think, invest more in quality reemployment services for unemployed workers, particularly long-term unemployed workers. ‘Cause it will really be a tragedy to lose their workers– and see them leave the labor market altogether. Everyone loses in that scenario.

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Tales from the “new normal”

“In my area a company will not hire you if you’ve been unemployed for too long.” –Need to Know viewer Although the unemployment rate hovers near a five-year low, it is still at a painful level. Critics say that the official numbers masks the true problem by not counting those who have just plain given up [...]

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  Building bridges

Across the industrialized world in places like China and Germany, high-speed railroads and gleaming new airports. And here in the United States? According to the American Society of Civil Engineers, we have infrastructure so outdated that it will take some $2.2 trillion dollars to fix.

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5 terms to know about taxes

The 1%: This past presidential election discussed the top 1% of income earners in the U.S. but many wonder just what income bracket that percent is. According to the Washington Post, as of 2010, the top 1% “had a minimum income of $516,633.

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  Need to Know: January 11, 2013: A tale of four tax returns

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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The MLK legacy in Memphis

Playwright Katori Hall grew up in Memphis, TN., a city still haunted by the untimely death of Dr. Martin Luther King, Jr. Her celebrated Broadway play, “To the Mountaintop,” starring Angela Bassett and Samuel L. Jackson, was a musing on King’s last night. In this web exclusive she talks about the lasting legacy of Dr. [...]

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  Interview: New York City Deputy Mayor Linda Gibbs

Anchor Ray Suarez interviews Linda Gibbs, Deputy Mayor of New York, where Mayor Michael Bloomberg is one of the most high-profile backers of the “Family Rewards” program. Gibbs talks about how changing behavior may help to lift young people out of poverty. In March 2007, New York City Mayor Michael R. Bloomberg announced his intention [...]

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  Earning potential

Need to Know travels to Memphis, Tennessee to cover the Family Rewards Program – an initiative that aims to break the inter-generational cycle of poverty by offering cash incentives. The program rewards low-income families with cash payments for good attendance, good grades, steady employment and going to the doctor and dentist. The goal is to [...]

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  Need to Know, December 14, 2012: Memphis family rewards

Need to Know travels to Memphis, Tennessee to cover the Family Rewards Program – an initiative that aims to break the inter-generational cycle of poverty by offering cash incentives.

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  Wal-Mart CEO on fires, fiscal cliff

Yesterday evening, the Council on Foreign Relations hosted Mike Duke, President and Chief Executive Officer of Wal-Mart, in an on-the-record meeting in New York. Duke spoke on a variety of topics, including the nation’s looming “fiscal cliff,” women’s economic empowerment, factory standards and the recent fire in Bangladesh. The week before the election, only one-fourth, [...]

  Update on Oregon self-starters

An update on an Oregon plan to spur innovation and halt unemployment.

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  Need to Know: November 23, 2012: Employment’s new look

Need to Know profiles two innovative jobs programs at opposite ends of the country.