Many people have questions about how unemployment and the unemployment rate are calculated each month. Issues have arisen about the tie-in to unemployment benefits — whether self-employed workers and others are included. N.C. State University economist Mike Walden helps clear up the confusion.
The issue of TBTF — or too big to fail — is at the crux of our recent recession. The recession threatened our financial system and led to government help for many bank and financial institutions, but critics say the expectation of this government backstop motivated many in the financial sector to take big risks and this behavior contributed to the recession in the first place. Is there an easy way to resolve this issue? N.C. State University economist Mike Walden answers.
The unemployment rate is finally going in the right direction — down. But it is still uncomfortably high, being over 8 percent nationally and higher than 9 percent in North Carolina. Do economists have any estimates of just how far the rate can be pushed down? N.C. State University economist Mike Walden responds.
The term off-shoring refers to U.S. companies moving jobs to foreign countries to take advantage of lower labor costs, but now there’s a new term: re-shoring. N.C. State University economist Mike Walden discusses the term and what it means for U.S. jobs.
Recently the numbers in job creation reports have been encouraging, showing national gains of 100,000 to 200,000 jobs monthly, but at the same time, several large companies have announced layoffs. N.C. State University economist Mike Walden explains how these two things can be happening at once.
There’s been some recent optimism about the job market. Employment at both the national and state levels has been trending upward. N.C. State University economist Mike Walden takes a look at the specific industries creating these jobs.
With rising gas and other prices, people are very concerned with the cost of living. But does the money it takes to live differ by where you live? N.C. State University economist Mike Walden answers.
There’s an argument stating the official unemployment rate understates true unemployment because it doesn’t account for people who have simply stopped looking for work and, therefore, aren’t counted as jobless. N.C. State University economist Mike Walden considers whether this argument has merit.
Each year the government develops updated estimates of the cost of raising a child from birth to age 18. New numbers are out, and N.C. State University economist Mike Walden explains what they show.
There’s some serious concern about this $16 trillion national debt, but some say the reported debt is only a relatively small part of the government’s future commitments. N.C. State University economist Mike Walden explains.