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  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Declaration of views_handler_argument::init() should be compatible with views_handler::init(&$view, $options) in /home1/finfacts/public_html/sites/all/modules/views/handlers/views_handler_argument.inc on line 745.
  • strict warning: Declaration of views_handler_filter::options_validate() should be compatible with views_handler::options_validate($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_handler_filter::options_submit() should be compatible with views_handler::options_submit($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_handler_filter_node_status::operator_form() should be compatible with views_handler_filter::operator_form(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/modules/node/views_handler_filter_node_status.inc on line 14.
  • strict warning: Declaration of date_api_filter_handler::value_validate() should be compatible with views_handler_filter::value_validate($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/date/includes/date_api_filter_handler.inc on line 578.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Declaration of uc_product_handler_field_price::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/ubercart/uc_product/views/uc_product_handler_field_price.inc on line 94.
  • strict warning: Declaration of uc_product_handler_field_weight::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/ubercart/uc_product/views/uc_product_handler_field_weight.inc on line 61.
  • strict warning: Declaration of views_handler_field_user::init() should be compatible with views_handler_field::init(&$view, $options) in /home1/finfacts/public_html/sites/all/modules/views/modules/user/views_handler_field_user.inc on line 48.
  • strict warning: Declaration of semanticviews_plugin_style_default::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/semanticviews/semanticviews_plugin_style_default.inc on line 232.
  • strict warning: Declaration of views_plugin_row::options_validate() should be compatible with views_plugin::options_validate(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Declaration of views_plugin_row::options_submit() should be compatible with views_plugin::options_submit(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • warning: Creating default object from empty value in /home1/finfacts/public_html/sites/all/modules/views/includes/handlers.inc on line 653.
  • strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_style_default.inc on line 25.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
US

US

(October 2014) The United States could create 10m new trade-connected jobs over the next 10 years if it pursues a comprehensive pro-trade policy agenda that focuses on trade agreements, investment, immigration, taxation and the labour market safety net. As a share of US GDP exports are at the highest since 1947.
(September 2014) On Labor Day we report on data that show earnings of US workers from the 80% percentile and above have only been subject to real increases in the period 2007-2014, but still very modest, while the rest of workers have had inflation-adjusted losses in earnings.
(August 2014) Daniel W. Drezner, professor of international politics, Fletcher School of Law and Diplomacy, Tufts University, is author of a recent book on the global financial crisis and in 2012 he published a paper in which he argued that : [The 2008 financial crisis posed the biggest challenge to the global economy since the Great Depression and provided a severe "stress test" for global economic governance. States rely on a bevy of institutions—the International Monetary Fund, World Trade Organization, and the Group of Twenty—to coordinate action on the global scale. Since the Great Recession began, there has been no shortage of scorn for the state of global economic governance among pundits and scholars. However, in this International Institutions and Global Governance program Working Paper, Daniel Drezner concludes that, despite initial shocks that were more severe than the 1929 financial crisis, the evidence suggests that these structures responded to the financial crisis robustly. Global trade and investment levels have recovered from the plunge that occurred in late 2008. Existing global governance structures, particularly in finance, have revamped themselves to accommodate shifts in the distribution of power. The World Economic Forum's survey of global experts shows rising confidence in global governance and global cooperation. In short, international financial institutions passed the stress test.]
(August 2014) A US government report this month shows a wide variation in consumer spending levels in the United States with North Dakotans benefiting from the oil and gas fracking boom, spending at triple the national pace in the three years that followed the Great Recession (2009-2012). However in Nevada, one of the states that was hit by the subprime mortgage bust, consumers have hardly increased their spending.
(August 2014) Since the US labour market hit a bottom in early 2010, total nonfarm jobs have grown from 130m to 139m but the biggest gains have been among the young and old while prime-age workers have seen just 1.4% added to their numbers.
(July 2014) Economists argue that higher home ownership raises unemployment, having examined a century of unemployment and home ownership data for the US states from 1900 to 2010. Combining those numbers with modern data on millions of randomly sampled Americans, we show there is a powerful link between the housing market and the later, worse, health of the economy.
(June 2014) US private employers added 216,000 to their payrolls in May, the 51st consecutive month in which private payrolls increased and employment returned to its pre-recession level in 2007. However, the number of jobs in manufacturing, construction and government - - typically well-paying fields - - has shrunk, while lower-wage work grew. The US has 1.6m fewer manufacturing jobs than when the recession began, but 941,000 more jobs in the accommodation and food-service sector.
(June 2014) Income inequality has taken centre stage among economists, policymakers, the media, and ordinary Americans, but the discussion around addressing inequality too frequently sidesteps a crucial component: the key to shared prosperity is to foster wage growth for the vast majority of Americans who rely on their paychecks to make ends meet. In fact, raising the pay for most Americans is the central economic challenge of our time—essential to ameliorating income inequality, boosting living standards for the broad middle-class, reducing poverty, and sustaining economic growth.
(June 2014) The financial crisis has pushed down the yield on US bonds but people still buy them. Eswar Prasad, professor of economics at Cornell University, says there is no alternative to holding dollar debt when safety is paramount. Meanwhile economic theory suggests capital should flow from rich to poor countries, but it is not.
(May 2014) Thomas Piketty, the French economist has got a lot of attention for “Capital in the Twenty-First Century,” his book on growing inequality in the developed world and a new US paper argues that the more telling inequities exist among the 99%, primarily driven by education.