Jan 28 Column: Employers are failing to stop the baby boomer brain drain By Richard Eisenberg As more baby boomers retire, companies are losing their valuable institutional knowledge because they don't have plans in place to transfer that information to younger employees. Continue reading
Jan 28 Shutdown projected to cost U.S. economy $3 billion, government report says By Andrew Taylor, Associated Press The report says the five-week shutdown has slowed growth in the near term, but that most of the lost growth "will eventually be recovered."… Continue reading
Jan 24 Watch 7:46 A career truck driver on why his is no longer ‘a middle-class job’ By Paul Solman Jobs in the trucking industry are increasingly threatened by technology and the rise of driverless trucks. But what explains the contradictory dynamic between fears of job elimination and a current shortage of truck drivers in the U.S.? The NewsHour returns… Continue watching
Jan 24 Glimpse into a trucker’s life with this excerpt from ‘The Long Haul’ By Gretchen Frazee "The Long Haul" provides a look into a the life of Finn Murphy, who dropped out of college to become a long-haul trucker. Continue reading
Jan 24 Unemployment benefit applications drop to 49-year low despite shutdown By Christopher Rugaber, Associated Press Total weekly applications for unemployment aid declined by 13,000, but the number of furloughed federal employees requesting benefits more than doubled the previous week. Continue reading
Jan 23 Government shutdown poses increasing risk to the broader economy By Christopher Rugaber, Associated Press The shutdown's biggest effect on the economy is likely to be the cutback in federal spending. But consumer spending is another important factor. Continue reading
Jan 23 Why the mood in Davos is fraught with uncertainty By Ryan Chilcote A mood of uncertainty hangs over Davos this year, as populist movements have taken hold in a number of countries and the global economic outlook has become less optimistic. Continue reading
Jan 23 An audit of Social Security found low-income beneficiaries were underpaid By Philip Moeller A recent report from Social Security auditors found about a quarter of low-income beneficiaries were not properly transferred from Supplemental Security Income to regular Social Security when they turned 62 years old. Continue reading
Jan 23 Fewer homes affordable for middle-class buyers, analysis finds By Josh Boak, Associated Press In the past year, the availability of homes that a middle-class family could buy has declined in 86 percent of the largest metro areas, according to a Redfin analysis. Continue reading
Jan 22 Home sales plummet 6.4 percent in December By Josh Boak, Associated Press For all of 2018, sales of existing homes fell 3.1 percent from a year ago to the weakest total since 2015. Continue reading