Money
Helping High Schoolers Connect Degrees to Dollars: Engineering or Plumbing and Water Supplying?
States' detailed data systems have revealed that more education doesn't always mean higher earnings. More technical programs generally have a greater payoff in the labor market. If a journalism major instead chose an associate's degree program and learned to repair industrial equipment, she could be earning $58,000 three years out of school. State data systems that track post-graduate employment rates have their limits. Only a handful of states include student debt information, for instance. more »
Brexit, To Stay or To Go: An Exit from the European Union
A British exit from the European Union would slow economic growth, reduce Europe’s impact in world politics, and strengthen regimes such as Russia's that prefer a weaker, less united Europe, Stanford expert Christophe Crombez says. more »
Chair Janet L. Yellen: "My Message Will Be Largely Favorable, Although Recent Developments Have Been Mixed"
"Inflation has been lower than our objective of 2 percent, but I expect it to move up over time for reasons that I will describe. If incoming data are consistent with labor market conditions strengthening and inflation making progress toward our 2% objective, as I expect, further gradual increases in the federal funds rate are likely to be appropriate and most conducive to meeting and maintaining those objectives. However, I will emphasize that monetary policy is not on a preset course and significant shifts in the outlook for the economy would necessitate corresponding shifts in the appropriate path of policy." more »
Beating the Brain Drain: States Focus on Retaining Older Workers; Finding Replacements Won’t Be Easy
California's chief of workforce development, is trying different tactics to keep senior workers on the job: offering a flexible work schedule, promoting work-life balance and creating the first government-wide employee management survey to assess the needs of workers. The idea is to find out who is leaving — and why. more »