Consumers Invest in Themselves Through Savings

Consumers have experienced paltry progress in middle class incomes during the period of 2007 through today, and some say that stagnation has persisted for decades.  Income stagnation has been ascribed to disappointing labor productivity and to high unemployment that became nearly full employment, which too often pays just subsistence wages.  Many job openings remain unfilled […]

Training to Adapt

May 2012’s 8.2% unemployment rate dampens hopes for the 14 million US consumers looking for work.  Some jobseekers are new to the marketplace, some are there due to decreases in sales, and some are displaced by offshoring-outsourcing or technological changes.  Retraining may lead to employment for some, but efficacy for displaced workers looks poor, so […]