Skip to main content

Home/ AISB IB Economics 2015/ Contents contributed and discussions participated by Sara Lair

Contents contributed and discussions participated by Sara Lair

Sara Lair

labor force participation at lowest level since 1978 - Sep. 6, 2013 - 0 views

  • The labor force participation rate -- the percentage of people over 16 who either have a job or are actively searching for one -- fell to 63.2% in August
  • In the latter half of the 20th century, the rate rose steadily for decades as more women were entering the workforce, eventually peaking at 67.3% in 200
  • We know there's a lot of hardworking people that want to be productive, we just don't have work for them to do
  • ...6 more annotations...
  • the main reason for its recent fall is a lack of good jobs.
  • 0. But the number has been on the decline ever since -- a trend that was accelerated by the Great Recession.
  • We're operating way below potential,
  • There are now 90.5 million Americas who don't work and are not counted as part of the labor force. This excludes kids under the age of 16 and non civilians such as those in the military or in prison, but includes just about everyone else.
  • Whatever the reason, the fact that just over 63% of the population is engaged in the workforce is problematic. It means that a smaller chunk of the population is paying for promised entitlements such as Social Security and Medicare. And if a smaller share of the country is working, it will also act as a drag on economic growth.
  • "We're not getting the economic growth or the tax payments that were expected when these promises were made
Sara Lair

Shoppers in England to be charged for plastic bags | Environment | theguardian.com - 0 views

  • Shoppers will have to pay a 5p charge on every plastic bag
  • Charges are already in place in Wales, where there has been a 76% fall in plastic bag use since it was introduced in 2011
  • "A plastic bag charge is welcome news, but let's not get carried away. This small step will do little to tackle the nation's huge waste mountain and can't disguise the government's woeful green record.
  • ...2 more annotations...
  • The proceeds will go to charities involved in clearing up the environmental damage caused by the bags rather than the government or the retailers.
  • Tougher action and ambitious targets are needed to cut waste and boost recycling, and bring England in line with the rest of the UK and much of Europe.
Sara Lair

Microsoft Produces a Winner in Tablets - NYTimes.com - 0 views

  • I can’t be the only person who needs fewer gadgets in his life.
Sara Lair

New American Airlines CEO vows to make merger work - The Washington Post - 2 views

  • American Airlines and US Airways seem an unlikely couple, even to the man who will lead the combined company after their merger on Monday.
  • We know that something around 25 percent of our customers will go to the lowest price irrespective of time or inconvenience. In a low-margin business like ours, you can’t give up 25 percent of your customers, so we have to match on price.
  • Will you still compete chiefly on price?
  • ...2 more annotations...
  • What’s the new American’s frequent-flier program going to look like?
  • Nothing yet to announce. What we do know is this: Customers immediately will be able to combine their miles and use their miles to fly on a larger network.
Sara Lair

Microsoft Produces a Winner in Tablets - NYTimes.com - 1 views

  • As one might expect from any successful device birthed in the Windows realm, competitors have quickly emerged.
  • Perhaps competing manufacturers will catch up. Maybe Nokia, now that it is being bought by Microsoft, will build a better keypad.
1 - 5 of 5
Showing 20 items per page