Simply put, the Fed pulled off a magic trick that would leave Houdini gasping. Janet Yellen and the Fed took the made-up money and bought Wall Street assets that would have otherwise crashed and gave money to Wall Street banks that would have otherwise gone bankrupt...with no strings attached.
That said, we already know how difficult it can be for a young person in Indonesia--or across the globe--to secure a job
For years, I have been asking many people this question: What will happen to the tens of millions of people over 50 -- a number growing every day -- who have no money saved, no prospects of ever earning a decent wage again, and a great many of whom have as many as 30, 40 or 50 years left to live?
Young people need extracurricular activities to help them develop into well-rounded adults. However, if students want to get the most out of college, they need to engage in these activities but not allow them to become a distraction from their academic endeavors.
There are powerful cultural factors equating self-worth and identity to job status and material wealth. But researchers note religious communities may provide several sources of support that buffer the effects of financial crises such as joblessness.
With support from Feeding America West Michigan Food Bank and a local homeless shelter, Dana Knight overcame homelessness with her health and dignity intact. For several months this past fall, Dana lived in the strange world of victimization and kindness that hundreds of Grand Rapids' homeless live in every day.
In the spirit of the holiday, how about getting your kids something more special than yet another pair of ear buds?
The overworked, the underworked. The Great Divide. It's odd to wrap the phrase "work-life" around the situations of these two groups of people, yet it does apply to both. Each ultimately comes down to a lack of control over one's own time.
On the morning of Sept. 3, Jon and Elizabeth Alba waited two hours at the VA Medical Clinic in Iron Mountain, Mich., not for medical care but for a few days' supply of groceries.
Economists Russo and Linkon see the pressures of globalization creating this vulnerable young demographic across industries
Being a single mother of four who barely survived under-employment, I worked through poverty. Even so, I lost my home to foreclosure and almost every ounce of dignity and self-respect in the process.
By establishing a market for import certificates, firms would have powerful incentives to bring the trade deficit into balance. All foreigners sending goods to this country would have to buy the certificates in appropriate amounts from our exporters. Overall, trade would become balanced quickly.
During the early Salkin years, I often took head trips in elementary school. My mind and I escaped the institutional brick walls for a day at the beach, body surfing in aquamarine waves, lost in the opiate haze of a daydream. An adolescent problem I had thought until my seaside getaways continued through my teenage years and beyond.
Primary School Teaching Parents? How ParentJobNet impacts low-income families through adult learning and entrepreneurship
Pat Craddick founded ParentJobNet "PJN" 9 years ago after leaving a career in finance to raise her daughter, Christina. While volunteering at P.S. 87 Elementary School on the Upper West Side, she found frustrated, under- or unemployed parents, disconnected from the workforce.