The Federal Reserve’s policies are always of interest, because they play such a key role in the economy. Recently the Fed ended one program called QE2 and began a new one termed Operation Twist. What have they stopped doing and what are they now doing instead? N.C. State University economist Mike Walden responds.
There are a reported 3.2 million job openings in the country. With the total number of unemployed people at 14 million, we might think these openings wouldn’t last long. But they have. N.C. State University economists points out the possible reasons.
A couple of years ago, N.C. State University economist Mike Walden said the recession we were experiencing was going to change consumer habits: out would be the heavy borrowing and spending, and in would be saving and frugality. Was he right?
The last job report for North Carolina was challenging. The state lost more than 20,000 jobs, and cuts were made in both the private and public sectors. The state unemployment rate climbed to 10.5 percent. N.C. State University economist Mike Walden explains what’s going on.
One of the factors involved in the debate about the president’s proposed jobs plan is how the money will flow through the economy. N.C. State University economist Mike Walden discusses that factor.
Tax plans are flying-off the presses from the various presidential candidates. These plans can be complicated with many details, but two concepts common to all are the tax base and tax rate. What are these, and why are they important? N.C. State University economist Mike Walden responds.
The federal government recently announced Social Security recipients will get a 3.6 percent increase in their pension next year. For the average Social Security recipient, this amounts to $39 more per month. N.C. State University discusses the reasons for the small increase.
The protesters on Wall Street and in other cities have many issues with the economy. One of them is economic inequality between households. N.C. State University economist Mike Walden explains their concern and what can be done about it.
North Carolina recently finished another successful State Fair in North Carolina. What does agriculture, which the fair celebrates, mean to North Carolina? N.C. State University economist Mike Walden responds.
In judging the economy, the number of jobs receives the greatest attention. But if we think about it, how many hours people work is also important in assessing the health of the employment market. Do we have data that tracks work hours, and if so what does it tell us? N.C. State University economist Mike Walden responds.