Thursday, February 19, 2015


Econ Comments & Analysis                                                                                            
Market Watch | Breaking down who earns the minimum wage
It’s an item that President Barack Obama has been pushing for, and what Wal-Mart Stores has just helped move along — the lifting of the minimum raise.
USA Today | Retirement: Boomers want to keep working - if they can
George Fraser has had a hugely successful life. At 70, the former corporate executive is a successful author and speaker, traveling 200 days out of the year and logging 250,000 air miles. And he has absolutely no intention of retiring.
Forbes | Sorry, But San Francisco Does Not Prove It's Safe To Raise The Minimum Wage
It has been claimed that the strong job growth in San Francisco is evidence that raising the minimum wage does not hurt employment. San Francisco has long had a higher minimum wage than the federal one, with inflation indexing to keep it rising, and San Francisco’s job market seems quite healthy.
Forbes | More Than One In 10 American Workers Unemployed Or Underemployed
There has been much discussion about the unemployment rate and its accuracy. The unemployment rate has fallen to 5.7% from double-digit highs during the Great Recession. But Gallup’s CEO called the unemployment rate a big lie, estimating that as many as 30 million Americans are out of work or underemployed.