Both economists and the media constantly monitor the unemployment rate. And for good reason. It says a lot about the health of the economy. But it isn’t the only significant one. The underemployment rate provides a different, but very important, look into the labor market. Underemployed is defined as an individual with a college degree
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Distinguished professor emeritus of economics at Ohio University Richard Vedder’s new book “Restoring the Promise,” published by the Independent Institute based in Oakland, California, is about the crisis in higher education. He summarizes the three major problems faced by America’s colleges and universities. First, our universities “are vastly too expensive, often costing twice as much
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Millennials are revolutionizing the economy, introducing new ways of doing business into the market, which is helping the unemployed and underemployed pay their bills. But despite their contribution, millennials are also drowning in debt — failing to pay off their student and auto loans. Despite this reality, if you ask millennials today whether they’ll ever
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A Florida town attracted national attention last week for its efforts to fine a 69-year-old retiree nearly $30,000 and then foreclose on his home because he was unable to pay — all because he failed to cut his grass. The Tampa Bay Times reports that the city of Dunedin claims its Code Enforcement Board, which
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Today in Sydney I met Anna Hitchings, who is handling media for me on this week-long trip to Australia. She’s a Catholic journalist who caused a big stir here last week with this article wanting to know where in the heck are the Christian men worth dating? Excerpts: We are living in a unique time in history.
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Editor’s note: The world recently lost philosopher and humanitarian Jean Vanier. Among Vanier’s many accomplishments is the founding of L’Arche, an organization and community which fostered the dignity and personhood of disabled individuals through personal relationships with “non-disabled peers.” One of the individuals involved in L’Arche was Jim Skerl, the man featured in the piece
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