Archive

Tag Archives: economy

20131001-143303.jpg

The federal government shut down at midnight for the first time in 17 years. The bitter budget battle centered around a group of Republicans who tried to delay the start of President Obama’s health care law.
Source: TheAtlantic

Advertisements

NACE (National Association of Colleges and Employers) released two tables this week showing earnings for 2013 graduates. A Bethlehem, PA non-profit, NACE links college placement offices with employers. Its employer members tend to be large companies, but for its salary surveys it goes beyond its members and combs through data from the Bureau of Labor Statistics, the Census Bureau and a master set of data developed by a compensation measurement company called Job Search Intelligence. The data are reported by employers and they represent accepted salaries rather than offers.

 

It will cost an estimated $241,080 for a middle-income couple to raise a child born last year for 18 years, according to a U.S. Department of Agriculture report released Wednesday. That’s up almost 3% from 2011 and doesn’t  include the cost of college.

 At the same time, wages aren’t keeping up. The country’s median annual household income has fallen by more than $4,000 since 2000, after adjusting for inflation, and many of the jobs lost during the recent recession have been replaced with lower-wage positions

source: CNNMoney

20130809-130254.jpg

Rents in Brooklyn have skyrocketed to an average of $3,035 in July, up 8.2% from July of last year.
The average rent in Manhattan was $3,822 in July, up 1.7%.
Brooklyn luxury units — those priced in the top 10% of the market — led the surge, with the average rent in this segment hitting $6,007, up 8.8%.

Source: DAILY NEWS

%d bloggers like this: