December 21, 2011 – 4:08 pm
With only a few days left until Christmas, retailers are rolling out deep discounts to attract last-minute shoppers ready to click “BUY.” The so-called “flash sale” discount sites are particularly enticing. A designer bag or new tech tablet is offered in limited quantities, and a timer runs nearby telling you how much time is left. Thinking [...]
September 2, 2011 – 9:14 am
Labor Day marks the unofficial end of summer, and for many teens and young adults, it also means the conclusion of the worst summer for finding seasonal employment in decades. Our affiliate, the Employment Policies Institute (EPI), has released an analysis of new Census Bureau data showing unemployment among people ages 16 to 19 at or [...]
Last weekend, D.C. Mayor Vincent Gray granted an audience to high-school and college students in the Nation’s Capital to discuss the high teen-unemployment rate. At the beginning of the summer, the Bureau of Labor Statistics reported that teen unemployment had skyrocketed, with half the states showing unemployment rates above 25 percent. Even more depressing, the jobless rate [...]
The New York Times had an article Thursday about the Obama administration’s proposal to cap health-insurance rate increases at 10 percent to begin in September. On its face, this may sound like a great plan: Who wouldn’t want to put a cap on prices to keep consumers from paying more? But the trouble with capping [...]
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. This year, it’s never too early for teens to be thinking about their summer job opportunities. A new analysis of data from the Bureau of Labor Statistics shows that teen unemployment has skyrocketed in [...]
December 7, 2010 – 3:55 pm
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. Somewhere between your SAT results and your cholesterol levels, your credit score becomes the most important number to govern how your life turns out. There are several factors that go into calculating your [...]
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. As we’ve blogged before, this is a tough summer to be a teenager. There are very few job opportunities for unskilled workers this year, as evidenced by the 26.4 percent national unemployment [...]
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. If you’ve ever uncovered “found money” and decided to save most of it, you’re already acquainted with the idea of consumption smoothing. It’s the economic principle that people avoid abrupt swings in [...]
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. Unfortunately, summer 2010 is turning out to be a tough job market for teenagers and unskilled workers, but there are still ways for young people to spend the summer productively. Here are [...]
Kiplinger.com has compiled this fascinating infographic about the evolving economics of chicken wings. For decades, the larger and leaner chicken breast has ruled the roost in the poultry aisle, but 2010 marks the first year that the almighty wing is commanding the highest price due to rising demand. Consider this economics at work. Below, a [...]
