Authored by Lance Roberts via RealInvestmentAdvice.com,
Janet Yellen, Federal Reserve Chair, recently stated;
“Will I say there will never, ever be another financial crisis? No, probably that would be going too far. But I do think we’re much safer and I hope that it will not be in our lifetimes and I don’t believe it will.”
Authored by Mike Shedlock via MishTalk.com,
Yesterday, in response to alleged “progress” on Obamacare I penned Mish’s Rule of Progress.
Today, I am pleased to announce even more amazing budget progress in the state of Illinois.
First, let’s recap progress at the national level.
Earlier this week we wrote about a study published by the University of Washington which was fairly damning for Seattle's $15 minimum wage. To our total 'shock', the study found that higher minimum wages caused a 9.4% reduction to total hours worked by low-skilled workers, or roughly 14 million hours per year. Given that a full-time employee works 2,080 hours per year, that's the equal to just over 6,700 full-time equivalents who have lost their jobs, just in the city of Seattle, courtesy of moronic politicians who don't seem to grasp basic mathematical c
Americans who are hoping to avoid the shackles of student debt and proceed straight from high school into the workforce have more options for well-paid gainful employment than they might think. Even as the ROI on college degrees continues to decline, employers in certain blue-collar industries are struggling to fill management jobs that pay as much, or more, than jobs that require a college degree.