Tag Archives: economy

20 More Platforms for Workers in the Gig Economy

The gig economy has been defined as part-time, temporary and freelance jobs. And though it might sound like the kind of thing that would most interest college students on summer break, it is projected half of the working U.S. population will move into the gig economy within the next five years. The stats are pretty much the same globally where the digital ... Read More »

What’s Behind the Growth of the Gig Economy?

The use of work arrangements other than direct employment has grown substantially in the past decade, but few observers really understand the causes of that growth. The popular perception is that it has been driven by millennials’ use of online intermediaries like Uber and TaskRabbit. But rigorous scholarly research reveals that the gig economy’s growth stems largely from employers’ interest in contract ... Read More »

Demonetisation: Economy shaken, GDP hurt, trust in govt undermined

NEW DELHI: While the immediate impact of demonetisation was seen in the long queues outside ATMs and felt through acute cash shortage, its anniversary is an appropriate vantage point to assess the less visible and generalised effect on the economy of what was easily the most disruptive measure post-Independence. The difficulty in making a cost-benefit analysis is that the move was not purely economic, ... Read More »

How a Healthy Economy Can Shorten Life Spans

The health of a nation’s economy and the health of its people are connected, but in some surprising ways. At times like these, when the economy is strong and unemployment is low, research has found that death rates rise. At least, in the short term. In the long term, economic growth is good for health. What’s going on? One study of European countries just before and ... Read More »

Obesity costs SA economy more than R700bn per year – study

Johannesburg – The economic impact of obesity in South Africa is more than R700bn per year, a study revealed. According to the Discovery Vitality OBEcity index for 2017, which presents insights on weight status and food purchasing behavior of Vitality members across six South African cities, the impact of obesity is not only limited to the health of individuals but the ... Read More »

U.S. economy loses 33,000 jobs after hurricanes, first decline in seven years. But unemployment falls to 4.2 percent

Widespread flooding caused by Hurricane Harvey in La Grange, Tex. (Ralph Barrera/Austin American-Statesman/AP) The U.S. economy lost 33,000 jobs in the aftermath of Hurricanes Harvey and Irma last month, the first decline since September 2010. The unemployment rate declined slightly to 4.2 percent, the lowest since February 2001. Analysts had been expecting job growth to slump in September after the one-two punch ... Read More »

American optimism about the economy hits an all-time high in new CNBC survey

The public’s views on the economy continue to cruise at lofty levels but the optimism does not appear to be lifting the president’s approval rating. The third-quarter CNBC All-America Economic Survey found 43 percent of the public believes the economy is excellent or good, a record high in the 10-year history of the survey. Thirty-six percent believes the economy will ... Read More »

Report: Southeast Alaska Economy Struggling, Tourism Excels

JUNEAU, Alaska (AP) — Southeast Alaska was hit hard in 2016 by government job losses and a lull in fishing production, but the tourism industry continues to grow, a state economy expert said. Economic development officials with the Southeast Conference found that the region lost 750 state jobs throughout the past three years, a nearly 15 percent drop, CoastAlaska News reported (http://bit.ly/2g2blP1 ... Read More »

Economy is on a downhill path, demonetisation was not required at all: Manmohan Singh

Former Prime Minister Manmohan Singh on Friday said the economy is on a “downhill path” because of the “adventure” of demonetisation undertaken last year which was not required at all, either technically or economically. Singh, a renowned economist considered to be the architect of the reforms of early 1990s, said demonetisation has not been successful in any civilised country, except ... Read More »

The Economy Is Working For Workers, Washington Isn’t

Amid endless stories of Washington’s dysfunction, another powerful story is emerging, and it seems almost independent of any actions of the President or Congress. In poll after poll, public perceptions of the economy’s performance are up. People’s views of their own situations are more positive than at any time in the past 15 years. In its mid-September preliminary analysis of ... Read More »