The bad news just keeps on coming! Recently, we learned that economic growth for 2014’s first quarter is in negative territory—negative 2.9% to be exact. Then we are confronted by the alarming fact that 1 of every 2 recent college grads is receiving necessary financial support from parents, even though fully half of this 50% [...]
In case you haven’t been on top of this development, the Seattle, Washington City Council recently passed a $15 per hour minimum wage law. As you are no doubt aware, President Obama has been waging (no pun intended) a campaign to increase the Federal minimum wage from its current $7.25 per hour to $10.10 per [...]
Based on a 40 hour work week and 52 weeks per year, the math works out to 2,080 hours spent working each year. The government’s General Accounting Office sees things differently (now there’s a shock) and says the average annual hours worked are 2,087, at least for the purpose of calculating an hourly rate of [...]
This is guest from Lauren at L Bee and the Money Tree. Leave a comment to say hello! – Very few people actually want to be unemployed. Still, it happens. Even if you’re prepared with an emergency fund, or second income (such as a spouse’s income or freelance gig) to fall back on, it’s definitely [...]
Thirteen Washington, D.C. economy experts were surveyed by Capital Business Magazine about their vision for Washington, D.C. jobs for 2014. Even though they viewed the problem from different perspectives, they arrived at the same conclusion: 2014 will probably not set any records for growth, but it will be sunnier than 2013.
You may have seen all the recent headlines about the massive pileup of student loan debt. Some estimate that the total of all outstanding student loans is more than one trillion dollars. That’s trillion with a big “T.” Suffice it to say many are blaming this is a huge number for the sluggish pace of [...]