Posts Tagged ‘Economy’

One-third of college faculty see their salaries dip

One-third of college faculty see their salaries dip

More than one third of college faculty nationwide took a pay cut this academic year, and overall faculty pay showed no salary increase, according to a new report. [Chronicle of Higher Education] The typical professor had received a pay raise of... (Continue reading)

Tagged with:

Increased minimum wage equals decreased teen jobs

Increased minimum wage equals decreased teen jobs

The increase in California’s minimum wage may have come at the expense of teen employment, according to some economists. [Daily Bulletin] Minimum wage in California has increased roughly 18 percent since 2005, but the Employment Policies Institute (EPI) claims the result... (Continue reading)

Tagged with:     

Consensus: Central Coast lacks business support systems

Consensus: Central Coast lacks business support systems

While the Central Coast is a beautiful place to live, it fails to provide some of the community support systems required to help entrepreneurs thrive in San Luis Obispo County, according to a consensus of three business owners at the... (Continue reading)

Tagged with:     

Certainly not California

BY GREG KUDLICK It just amazes me that nobody in power, nobody in the “know,” actually understands what is going on. This is an enormous economic shift, one of the largest in our history, maybe the largest. I don’t say this lightly.... (Continue reading)

Tagged with:             

UCLA study: Legalizing undocumented immigrants helps the economy

UCLA study: Legalizing undocumented immigrants helps the economy

A new study out of UCLA suggests that comprehensive immigration reform would add an estimated $1.5 trillion to the U.S. gross domestic product over the next ten years. [Los Angeles Times] The report, authored by UCLA associate professor Raul Hinojosa–Ojeda, claims... (Continue reading)

Tagged with:     

Saving for a rainy day

BY JEFF BLISS We have become 99 percent money mad. The method of living at home modestly and within our income, laying a little by systematically for the proverbial rainy day which is due to come, can almost be listed among... (Continue reading)

Tagged with:     

Retailers get nervous

Retailers get nervous

Holiday sales nationally are not looking good, according to The Wall Street Journal. The first week of December was especially slow, with sales dropping 18 percent over the previous week. One retail observer is saying, “It looks like the middle... (Continue reading)

Tagged with:         

Retail sales up slightly for Black Friday

Retail sales up slightly for Black Friday

Shoppertrak, a national consumer spending research group, reports that retail sales nationally  for “Black Friday,” supposedly the busiest retail day of the year, increased only 0.5 percent over 2008. Meanwhile, the Los Angeles Times cites research indicating 195 million shoppers hit... (Continue reading)

Tagged with: