Items by By CATHERINE RAMPELL
NYT > Business
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April Jobs Report Shows Growth Slowing, With 115,000 New Positions
Posted: May 5th, 2012, 1:18am EDT by By CATHERINE RAMPELL
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Economists cited various possible factors behind the addition of only 115,000 jobs in April, but none are likely to comfort 13.7 million jobless workers.
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Economix: Young Women Are More Career-Driven Than Men
Posted: April 19th, 2012, 7:15pm EDT by By CATHERINE RAMPELL
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Women 18 to 34 years old now place more importance on having a high-paying career or profession than their male counterparts do, according to survey data from the Pew Research Center.
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Economix Blog: Behind the Disappointing March Unemployment Report
Posted: April 6th, 2012, 10:34am EDT by By CATHERINE RAMPELL
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Grasping at straws for any good news in the data.
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Economix: Jobs Report Preview
Posted: April 5th, 2012, 7:47pm EDT by By CATHERINE RAMPELL
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The latest snapshot of the job market will be out Friday morning, and economists are expecting steady growth, if not exactly gangbusters.
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Greg Smith, Goldman Sachs and the History of Loud Exits
Posted: March 17th, 2012, 10:29pm EDT by By CATHERINE RAMPELL
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Greg Smith’s spectacular exit from Goldman Sachs recalls other famous departures from jobs — both in real life and in Hollywood films.
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Economix Blog: Paying Your Own Bills at Age 22
Posted: February 9th, 2012, 1:55pm EST by By CATHERINE RAMPELL
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A new poll from the Pew Research Center finds that the expectation for young adults to be financially independent has gotten laxer over the years.
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Economix Blog: Marriage Is for Rich People
Posted: February 6th, 2012, 10:00am EST by By CATHERINE RAMPELL
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Dwindling marriage rates are concentrated among the poor -- the very people whose living standards would be most improved by having a second household income.
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Economix Blog: What Else Does the Bible Teach About Capitalism?
Posted: February 2nd, 2012, 2:25pm EST by By CATHERINE RAMPELL
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A rabbi, writing in The Wall Street Journal, argues that the Bible is pro-capitalist. But there are plenty of anti-free-market and anti-capitalist ideas in the Scriptures, too.
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Economix Blog: Where the Jobs Are, by 2020
Posted: February 1st, 2012, 6:06pm EST by By CATHERINE RAMPELL
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A new report from the Bureau of Labor Statistics estimates that the country will add 5.6 million health care and social assistance jobs in the current decade.
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Economix Blog: College Major and Family Mental Illness
Posted: January 31st, 2012, 11:09am EST by By CATHERINE RAMPELL
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A new study suggests that the choice of major may be influenced by the way some people's brains are wired.
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U.S. Recovery Slowly Gained Speed in Late ’11, Data Show
Posted: January 27th, 2012, 4:39pm EST by By CATHERINE RAMPELL
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Whether the American economy, which grew last quarter at its fastest pace in a year and a half, can sustain that momentum is critical to millions of people out of work.
NYT > Home Page
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U.S. Recovery Slowly Gained Speed in Late ’11, Data Show
Posted: January 27th, 2012, 4:39pm EST by By CATHERINE RAMPELL
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The American economy picked up a little steam last quarter, with output growing at an annualized rate of 2.8 percent, a faster rate than the 1.8 percent of the third quarter.
NYT > Business
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Economix Blog: Why College Students Leave the Engineering Track
Posted: January 20th, 2012, 3:56pm EST by By CATHERINE RAMPELL
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Philip Babcock, an economist at the University of California, Davis, suggests that a lot of it has to do with homework.
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Economix Blog: Want a Job? Go to College, and Don't Major in Architecture
Posted: January 5th, 2012, 1:38pm EST by By CATHERINE RAMPELL
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A look at typical unemployment rates and earnings for new graduates, sorted by what they studied in college.
NYT > Home Page
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Young Women Go Back to School Instead of Work
Posted: December 29th, 2011, 7:42am EST by By CATHERINE RAMPELL
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Many young women are leaving the labor force to upgrade their skills, while their male counterparts are more likely to take whatever job they can find.
NYT > Business
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Young Women Go Back to School Instead of Work
Posted: December 28th, 2011, 10:09pm EST by By CATHERINE RAMPELL
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Many young women are leaving the labor force to upgrade their skills, while their male counterparts are more likely to take whatever job they can find.
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Economix Blog: Small Businesses Plan to Increase Hiring
Posted: December 13th, 2011, 4:22pm EST by By CATHERINE RAMPELL
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The country's smaller employers are finally starting to enjoy the feeble recovery, a report indicates.
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Economix Blog: The Golden Age of Republican Deficit Hawks
Posted: November 22nd, 2011, 11:45pm EST by By CATHERINE RAMPELL
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Once upon a time, Republicans did indeed advocate higher taxes.
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Economix Blog: United States of Hunger
Posted: November 17th, 2011, 3:21pm EST by By CATHERINE RAMPELL
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Last year, more than one in 10 families received food stamps, but the share was highest in Oregon, where nearly one in five families did so, according to a new Census Bureau report.
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2 American Professors Awarded Nobel in Economic Science
Posted: October 11th, 2011, 12:43am EDT by By CATHERINE RAMPELL
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Thomas J. Sargent and Christopher A. Sims, two Americans, won the Nobel economics prize on Monday “for their empirical research on cause and effect in the macroeconomy.”
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G.O.P. Urges No Further Fed Stimulus
Posted: September 21st, 2011, 1:48am EDT by By CATHERINE RAMPELL
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Despite the limping economy, the Republican Congressional leadership wants Ben S. Bernanke, the Federal Reserve chairman, to avoid further stimulus.
NYT > Home Page
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G.O.P. Urges No Further Fed Stimulus
Posted: September 21st, 2011, 1:48am EDT by By CATHERINE RAMPELL
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Despite the limping economy, the Republican Congressional leadership wants Ben S. Bernanke, the Federal Reserve chairman, to avoid further stimulus.
NYT > Business
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Almost Out of Tricks, Fed May Train Sights on Longer-Term Rates
Posted: September 3rd, 2011, 1:53am EDT by By CATHERINE RAMPELL
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The dispiriting employment report again turned eyes toward the Fed. But it was unclear if the economy’s problems were amenable to further monetary salves.
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Economix Blog: Jobs Report Preview
Posted: September 1st, 2011, 7:07pm EDT by By CATHERINE RAMPELL
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On Friday the Labor Department will release its first estimate for the number of jobs created in the United States in August, and right now expectations are low.
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Economix Blog: Do Parents Put Too Much Pressure on Students?
Posted: September 1st, 2011, 2:00pm EDT by By CATHERINE RAMPELL
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Survey results show that Americans are the most likely to say parents should pressure children more about studies, and Chinese are most likely to say they should do so less.
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Economix Blog: Obama Backs Bill Barring Discrimination Against Jobless
Posted: September 1st, 2011, 10:00am EDT by By CATHERINE RAMPELL
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The president has said hiring practices that exclude applicants who were not already employed should be outlawed.
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Divisions at Federal Reserve Led to Rate Compromise
Posted: August 31st, 2011, 12:28am EDT by By CATHERINE RAMPELL
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Debate over aid for the economy ended with the current low-interest-rate commitment, according to minutes from Aug. 9.
NYT > Home Page
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Divisions at Federal Reserve Led to Rate Compromise
Posted: August 31st, 2011, 12:28am EDT by By CATHERINE RAMPELL
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Debate over aid for the economy ended with the current low-interest-rate commitment, according to minutes from Aug. 9.
NYT > Business
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Economix: Still Playing Catch-Up
Posted: August 3rd, 2011, 4:20pm EDT by By CATHERINE RAMPELL
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On most major measures of economic health, the economy is still worse today than it was before the recession began.
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Somehow, the Unemployed Became Invisible
Posted: July 10th, 2011, 2:42am EDT by By CATHERINE RAMPELL
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In past downturns, Americans demanded politicians’ attention. But this time, the nation’s jobless are mostly just enduring.
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A Slowdown for Small Businesses
Posted: June 14th, 2011, 10:03pm EDT by By CATHERINE RAMPELL
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A trade group’s report says more small companies plan to shrink their work forces than expand them in the coming months.
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Many With New College Degree Find the Job Market Humbling
Posted: May 18th, 2011, 10:00pm EDT by By CATHERINE RAMPELL
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Employment rates for new graduates have fallen sharply, as have starting salaries for those who can find work.
NYT > Home Page
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Many With New College Degree Find the Job Market Humbling
Posted: May 18th, 2011, 9:13pm EDT by By CATHERINE RAMPELL
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Employment rates for new graduates have fallen sharply, as have starting salaries for those who can find work.
NYT > Business
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Economix: Four Workers for Every Job Opening
Posted: May 11th, 2011, 3:16pm EDT by By CATHERINE RAMPELL
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The job market still isn't good, but at least it's on its way back.
NYT > Home Page
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Economix: Four Workers for Every Job Opening
Posted: May 11th, 2011, 3:16pm EDT by By CATHERINE RAMPELL
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The job market still isn't good, but at least it's on its way back.
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Economix: Burden of Supporting the Elderly
Posted: April 13th, 2011, 10:00am EDT by By CATHERINE RAMPELL
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The ratio of working-age people to retirement-age counterparts is dwindling across the developed world.
NYT > Business
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Economix: Mexicans Work the Longest Hours
Posted: April 12th, 2011, 8:03pm EDT by By CATHERINE RAMPELL
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A new report for the Organization for Economic Cooperation and Development looks at the time spent on paid and unpaid work in 29 countries.
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Snookinomics: Profits From a Tan
Posted: April 9th, 2011, 12:00am EDT by By CATHERINE RAMPELL
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Rutgers University paid Nicole “Snooki” Polizzi $32,000 to talk about drinking and tanning last month.
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Economix: Getting from A to B on Deficit Reduction
Posted: April 6th, 2011, 11:13am EDT by By CATHERINE RAMPELL
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Many have praised Representative Paul Ryan's deficit reduction plan for its boldness. But in some areas -- like, well, details-- it might be a little meek.
NYT > Sports
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Economix: March (Money) Madness
Posted: March 15th, 2011, 6:35pm EDT by By CATHERINE RAMPELL
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PayScale, a site that collects user-supplied salary data, has again put together a March Madness bracket based on the median salary of each school's graduates. Princeton wins this year.
NYT > Business
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Big Jump in Private Jobs Bolsters Recovery Hopes
Posted: March 5th, 2011, 1:30am EST by By CATHERINE RAMPELL
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The U.S. economy added 192,000 jobs in February, in line with expectations, the fastest job growth since last spring. The rate of unemployment ticked down to 8.9 percent.
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More College Graduates Take Public Service Jobs
Posted: March 2nd, 2011, 1:06pm EST by By CATHERINE RAMPELL
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A cohort of young graduates has done good because the economy did them wrong, data show.
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Economix: Disappointing Data on Job Openings
Posted: February 8th, 2011, 3:32pm EST by By CATHERINE RAMPELL
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Additionally, the trends in job openings and actual hires have been diverging in recent months.
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Economix: The Oscar Curse (Or, Why It Stinks to Be a Successful Woman)
Posted: February 1st, 2011, 10:23am EST by By CATHERINE RAMPELL
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It can be hard being a woman, especially if you're at the top of your field.
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U.S. Economy Grew at 3.2% Rate in the 4th Quarter
Posted: January 28th, 2011, 11:03pm EST by By CATHERINE RAMPELL
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The number, slightly below analysts’ expectations, reflected a sharp rise in consumer spending.
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Economix: United States of Unemployment
Posted: January 25th, 2011, 4:59pm EST by By CATHERINE RAMPELL
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Nevada once again had the highest unemployment rate in the country, at 14.5 percent in December, according to the Bureau of Labor Statistics.
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More Workers Complain of Bias on the Job, a Trend Linked to Widespread Layoffs
Posted: January 11th, 2011, 8:10pm EST by By CATHERINE RAMPELL
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Accusations of discrimination rose 7.2 percent for the year ended Sept. 30, which some say is a result of layoffs during the financial crisis.
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Economix: Why Some Rich People Don’t Feel Rich
Posted: January 11th, 2011, 8:09pm EST by By CATHERINE RAMPELL
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It's because they're trying to keep up with impossibly richer Joneses. Inequality is much greater at the top of the income distribution than in the middle or bottom.
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Economix: The 'New Normal' Is Actually Pretty Old
Posted: January 11th, 2011, 8:00pm EST by By CATHERINE RAMPELL
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An economist argues that proclamations of a "new normal" for the economy are almost comically frequent, and generally hooey.
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Career Shift Often Means Drop in Living Standards
Posted: December 31st, 2010, 11:20pm EST by By CATHERINE RAMPELL
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A study surveying jobless workers over 15 months found nearly 70 percent of those entering new careers had to take a cut in pay.
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Economix: Are the Pious Healthier?
Posted: December 23rd, 2010, 4:53pm EST by By CATHERINE RAMPELL
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The nation's most pious tend to lead healthier lives, according to the latest findings from the Gallup-Healthways Well-Being Index.
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Economix: Three Good Economic Reports
Posted: December 14th, 2010, 1:47pm EST by By CATHERINE RAMPELL
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Today's reports on retail sales, small business optimism and producer prices are causing economists to raise their output forecasts for the American economy.
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Economix: Recouping the ‘Spider-Man’ Investment
Posted: December 14th, 2010, 1:42pm EST by By CATHERINE RAMPELL
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It'll take more than four years, under the rosiest of assumptions.
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Economix: A Decline in Self-Employment
Posted: December 9th, 2010, 4:29pm EST by By CATHERINE RAMPELL
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The share of Americans working for themselves has fallen since the recovery began, according to the Labor Department.
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Economix: Just How Stimulating Is the New Tax Cut-Jobless Benefit Deal?
Posted: December 7th, 2010, 6:52pm EST by By CATHERINE RAMPELL
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A back-of-the-envelope estimate for how many jobs the deal would help create.
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Corporate Profits Were the Highest on Record Last Quarter
Posted: November 23rd, 2010, 4:50pm EST by By CATHERINE RAMPELL
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American companies had their best quarter ever, according to a report that also showed the nation’s output growing faster than initial estimates.
NYT > Home Page
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Corporate Profits Were the Highest on Record Last Quarter
Posted: November 23rd, 2010, 2:00pm EST by By CATHERINE RAMPELL
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American companies had their best quarter ever, according to a report that also showed the nation’s output growing faster than initial estimates.
NYT > Business
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Economix: Nevada Retains Highest Unemployment Rate
Posted: November 23rd, 2010, 1:24pm EST by By CATHERINE RAMPELL
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The Silver State registered an unemployment rate of 14.2 percent in October. North Dakota once again had the lowest rate, at 3.8 percent.
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Economix: Are Attractive People More Employable?
Posted: November 22nd, 2010, 6:28pm EST by By CATHERINE RAMPELL
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It depends whether they're male or female, according to a new working paper.
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Economix: On Deficit Proposals, a Failure of Will and Not Ideas
Posted: November 11th, 2010, 1:57pm EST by By CATHERINE RAMPELL
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Blue-ribbon panel after blue-ribbon panel has advocated some variation of the same set of fiscal policy reform ideas. If there is so much wonkish agreement, why hasn’t anything changed?
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Jobs Data Highlight the Challenges for Washington
Posted: November 5th, 2010, 4:52pm EDT by By CATHERINE RAMPELL
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The report was better than expected, but not strong enough to make a dent in the unemployment rate.
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Economix: Is Obama a Keynesian?
Posted: November 2nd, 2010, 3:01pm EDT by By CATHERINE RAMPELL
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A video taken at the Comedy Central rallies in Washington.
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Economix: Sacrificing to Get a Job
Posted: October 28th, 2010, 1:56pm EDT by By CATHERINE RAMPELL
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What Americans think about the sacrifices unemployed workers should be willing to make when considering their employment options.
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Economix: States With the Best, and Worst, Business Tax Climates
Posted: October 27th, 2010, 6:38pm EDT by By CATHERINE RAMPELL
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From a tax perspective, South Dakota is the most hospitable state for businesses, while New York is the least, according to the Tax Foundation's latest ranking.
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Economix: Foreclosure Q. and A., Part II
Posted: October 21st, 2010, 1:04pm EDT by By CATHERINE RAMPELL
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Thomas A. Lawler, a housing expert, answers a reader question about why the foreclosure process takes so long.
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Economix: Americans Aren't Saving Enough for Retirement, Study Finds
Posted: October 21st, 2010, 9:01am EDT by By CATHERINE RAMPELL
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The Employee Benefit Research Institute has estimated that middle-age Americans face an average shortfall of $47,732 over the course of retirement.
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Economix: Americans Need a Pick-Me-Up
Posted: October 15th, 2010, 6:58pm EDT by By CATHERINE RAMPELL
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Americans' levels of well-being have been falling for the last four months, according to the Gallup-Healthways Well-Being Index.
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Economix: Where the Crisis Caused the Most Pain
Posted: October 14th, 2010, 12:53pm EDT by By CATHERINE RAMPELL
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The United States may be suffering, but the financial crisis has dramatically lowered expectations for Eastern Europe as well.
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Economists Share Nobel for Studying Job Market
Posted: October 11th, 2010, 9:20pm EDT by By CATHERINE RAMPELL
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Peter Diamond, Dale Mortensen and Christopher Pissarides won for work that helps explain mismatches in the employment market.
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Cuts in Government Led U.S. Economy to Lose 95,000 Jobs
Posted: October 8th, 2010, 9:40am EDT by By CATHERINE RAMPELL
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The United States economy lost 95,000 nonfarm jobs in September, the result of a decline in government jobs at all levels.
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The Highest Property Tax Burdens in America
Posted: October 4th, 2010, 3:02pm EDT by By CATHERINE RAMPELL
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The typical resident of Westchester County, N.Y., pays more in property taxes on his home than the typical resident of any other major U.S. county.
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Most Americans Don’t Think Recession Is Over
Posted: September 27th, 2010, 3:39pm EDT by By CATHERINE RAMPELL
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Explaining the disconnect between economists’ views and popular views about the state of the economy.
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Companies Still Hoarding Cash
Posted: September 17th, 2010, 3:37pm EDT by By CATHERINE RAMPELL
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Spending on capital investments has picked up somewhat, but companies continue to sit on mountains of cash, according to a new Federal Reserve report.
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It's Good to Be a College Student (or Grad, or Professor)
Posted: September 17th, 2010, 1:12pm EDT by By CATHERINE RAMPELL
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That's one of the many implications from a new report by the Bureau of Labor Statistics, titled "Back to College."
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What’s Holding Back Small Businesses?
Posted: September 14th, 2010, 3:14pm EDT by By CATHERINE RAMPELL
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More companies say their main problem is poor demand, not high taxes.
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Sin, the Hot New Government Revenue Strategy
Posted: September 7th, 2010, 7:58pm EDT by By CATHERINE RAMPELL
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Russia's finance minister tries to encourage people to smoke and drink more so that they'll bring in more sin tax revenues.
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Reactions to Obama’s Write-Off Plan
Posted: September 7th, 2010, 2:10pm EDT by By CATHERINE RAMPELL
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How the econoblogosphere is reacting to the president's proposal to allow businesses to deduct the full value of new equipment purchases from their taxes through 2011.
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If There Is Interest, Children Will Learn
Posted: September 7th, 2010, 2:04pm EDT by By CATHERINE RAMPELL
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Lessons from an education scientist conducts experiments in which he embeds computers in poor Indian villages, without instruction or supervision, and watches what happens.
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Another, Safer Route for Engineers: National Security
Posted: September 7th, 2010, 11:15am EDT by By CATHERINE RAMPELL
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There are certain engineering jobs that cannot be outsourced -- and not because the talent doesn't exist, or is more expensive abroad, but because the employer may be prohibited from doing so.
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Once a Dynamo, the Tech Sector Is Slow to Hire
Posted: September 7th, 2010, 3:17am EDT by By CATHERINE RAMPELL
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Despite soaring profits, high-tech companies have been slow to hire — a sign of just how difficult it will be to address persistently high joblessness.
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How Baby Fever Spreads Through Offices
Posted: September 1st, 2010, 8:33pm EDT by By CATHERINE RAMPELL
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A new study out of Sweden finds that women workers are more likely to have babies if their co-workers also recently had babies.
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States That Got the Most Federal Funds
Posted: August 31st, 2010, 2:39pm EDT by By CATHERINE RAMPELL
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Alaska again received the most federal funding per resident in the latest Census Bureau report.
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Young Firms, Not Small Ones, Are the Engines of Job Growth
Posted: August 26th, 2010, 4:04pm EDT by By CATHERINE RAMPELL
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A new study tries to disprove the conventional wisdom about which employers create the most jobs.
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Working Women in Part-Time Jobs
Posted: August 25th, 2010, 7:13pm EDT by By CATHERINE RAMPELL
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The distribution of women in the work force hasn’t changed much: In 1984, just as in 2010, about a quarter of women are in part-time jobs.
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How Americans Pay for College
Posted: August 23rd, 2010, 3:20pm EDT by By CATHERINE RAMPELL
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Parents pay for nearly half of the cost of going to college; the rest comes from a combination of loans, grants and other sources.
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From Luxury to Necessity, and Back Again
Posted: August 19th, 2010, 5:52pm EDT by By CATHERINE RAMPELL
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Whether because of the economy or changes in technology, many consumer items are now less likely to be seen as essential, according to Pew Research Center survey.
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More Americans 'Completely Satisfied' With Their Pay
Posted: August 19th, 2010, 4:56pm EDT by By CATHERINE RAMPELL
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Nearly a third of workers say they are "completely satisfied" with the amount of money they earn, according to a recent Gallup poll.
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Checking In on Consumer Credit Defaults
Posted: August 18th, 2010, 3:38pm EDT by By CATHERINE RAMPELL
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A new report from the Federal Reserve Bank of New York found that for the first time since early 2006, total household delinquency rates declined last quarter.
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Did Markets Misinterpret the Fed's Most Recent Actions?
Posted: August 17th, 2010, 6:29pm EDT by By CATHERINE RAMPELL
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That is how Narayana Kocherlakota, the president of the Federal Reserve Bank of Minneapolis, sees things, although not all agree.
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China's Economic Milestone, Footnoted
Posted: August 17th, 2010, 6:29pm EDT by By CATHERINE RAMPELL
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In terms of per-capita gross domestic product, China's economy is still relatively unimpressive.
NYT > Health
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Medical Care Prices Fell for First Time in 35 Years
Posted: August 13th, 2010, 12:40pm EDT by By CATHERINE RAMPELL
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According to a consumer pricing report released today by the Labor Department, the medical care index fell in July after three and a half decades of constant increases.
NYT > Business
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Who Says the Administration Isn't Tough on Undocumented Immigrants?
Posted: August 9th, 2010, 1:49pm EDT by By CATHERINE RAMPELL
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Despite criticisms from Republican politicians about the Obama administration's overly lenient immigration policies, this administration is actually deporting more immigrants than its predecessor did.
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With Recovery Slowing, the Jobs Outlook Fades
Posted: July 31st, 2010, 1:20am EDT by By CATHERINE RAMPELL
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With growth at an annual rate of 2.4 percent in the second quarter and the stimulus fading, an analyst says the rest of the year will feel like a recession.
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Job Subsidies, Often Popular for Public Projects, Also Lift Private Employers
Posted: July 29th, 2010, 1:46am EDT by By CATHERINE RAMPELL
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Stimulus money sometimes goes to private companies to hire workers, instead of funding public projects.
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The Two-Track Lawyer Market
Posted: July 26th, 2010, 12:46pm EDT by By CATHERINE RAMPELL
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Very few newly-minted attorneys actually receive "average" or even median pay.
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In Part-Time Jobs, Women Out-Earn Men
Posted: July 9th, 2010, 5:21pm EDT by By CATHERINE RAMPELL
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Among workers who work at least 40 hours a week, men still significantly out-earn women. But the reverse is true for workers who log fewer hours.
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LeBron James and Taxes
Posted: July 9th, 2010, 12:57pm EDT by By CATHERINE RAMPELL
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How does Mr. James's decision to join the Miami Heat affect his tax bill?
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For Younger Women, a Smaller Wage Gap
Posted: July 8th, 2010, 4:48pm EDT by By CATHERINE RAMPELL
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Women under 35 who work full-time earn about 90 percent of what their male counterparts earn. But the wage gap is much bigger for older workers, a new Labor Department report finds.
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The Revenue Picture, State by State
Posted: June 3rd, 2010, 7:10pm EDT by By CATHERINE RAMPELL
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Overall state revenues rose in the first quarter, largely because New York and California raised tax rates. In most states, revenues fell.
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Job Searches Around the Country
Posted: May 27th, 2010, 3:39pm EDT by By CATHERINE RAMPELL
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Job searches last year took the longest in Michigan and South Carolina, according to a new report from the Economic Policy Institute.