Welcome to life in a suboptimal currency area. After all, countries that share a currency also share monetary policy. If they don’t share fiscal policy too — that is, there is no centralized treasury — they can get into trouble. Just ask Europe. But as Christian Odendahl at The Economist points out, this also means that … Continue reading
The United States is on track to generate 20 million jobs between 2010-2020, according to the latest projections from the Bureau of Labor Statistics. But job creation will vary widely by type of job and also by metro region. The nation is projected to generate 7 million new high-wage, high-skill jobs for professional, technical, and … Continue reading