Engaging with current events is an essential part of educating young people to be informed and humane participants in a democracy. News for Students and Teacher Resources Grades 6-12 See All Classroom features daily news lessons based on PBS NewsHour, full-length video-based lesson plans and opportunities for teachers and. Budget Economic Survey 2023 Updates: Finance Minister Nirmala Sitharaman represents the country's annual pre-budget economic survey at Parliament. February 14, 2021. Conservative Supreme Court justices seem skeptical of Biden's student loan forgiveness plan, Biden to nominate Julie Su as labor secretary, With food stamp cuts just days away, millions brace for higher grocery expenses, Markets tumble after Home Depot and Walmart brace for consumer slowdown, January inflation report shows consumer prices for all items rose 0.5%, Breaking down Bidens economic agenda ahead of the State of the Union. For an optimal experience visit our site on another browser. News stories are presented as just the facts. FinCap . The article, "The Evolving Impacts of COVID-19 on Gender Inequality in the U.S. Labor Market: The COVID Motherhood Penalty" co-authored by UConn Economics Professor Kenneth Couch, Robert Fairlie (Cal-Santa Cruz) and Huanan Xu (Indiana University South Bend) was selected as the Best Article published in Economic Inquiry in 2022.. One only need look at the Taiwan issue if either side presses the point on Taiwan, tensions could escalate, impacting trade and the global economy, as well as the geopolitical landscape. March 18, 2021. The U.S. economy added 517,000 jobs in January according to the jobs report, which was much higher than economists estimated. Bonds. Each news article includes comprehension questions, background information and additional resources (videos, maps, etc.). Information for Current Economics Graduate Students Advisors Stephanie Ivory Graduate Program Coordinator 2229 Social Sciences & Humanities 530-752-0743 Beth Kim . Sign up for free newsletters and get more CNBC delivered to your inbox. There is a debate within the Fed over whether to raise interest rates more next month than the market has been expecting. Despite interest rate increases meant to cool the labor market, companies outside the tech industry worry about having too few workers, not too many. The BBC is not responsible for the content of external sites. Fall 2021 High School Essay Contest Open Now. 1/11/2021 - COVID-19 immunity robust eight months after infection, study says - New York Post. Current Events. Subject:Elasticity, Labor Market, Supply-Demand Model, Learning Outcomes:Creative Thinking and Problem-Solving, Critical Thinking, Ethical Reasoning, Information Literacy, Subject:Consumer Theory, Long-Run Microeconomics, Supply-Demand Model, Theory of the Firm, Learning Outcomes:Creative Thinking and Problem-Solving, Critical Thinking, Decision Making, Information Literacy, Subject:Consumer Theory, Elasticity, Long-Run Growth and Development, Learning Outcomes:Creative Thinking and Problem-Solving, Critical Thinking, Cultural Awareness, Decision Making, Ethical Reasoning, Information Literacy, Subject:Consumer Theory, Elasticity, Theory of the Firm, Learning Outcomes:Creative Thinking and Problem-Solving, Critical Thinking, Decision Making, Ethical Reasoning, Information Literacy, Subject:Consumer Theory, Supply-Demand Model, Theory of the Firm, Subject:Long-Run Microeconomics, Theory of the Firm, Learning Outcomes:Creative Thinking and Problem-Solving, Critical Thinking, Information Literacy, Subject:International Trade, Supply-Demand Model, Subject:Consumer Theory, Labor Market, Supply-Demand Model, Learning Outcomes:Creative Thinking and Problem-Solving, Critical Thinking, Decision Making, Ethical Reasoning, Information Literacy, Quantitative Literacy, Subject:Consumer Theory, Economic Data, Labor Market, Supply-Demand Model, Subject:Fiscal Policy, Long-Run Microeconomics, Supply-Demand Model, Theory of the Firm, Subject:Consumer Theory, Theory of the Firm, Subject:Consumer Theory, Financial Markets, Inequality, Theory of the Firm, Subject:Consumer Theory, Elasticity, Supply-Demand Model, Professor of the Practice and Director of Undergraduate Studies, Duke University cfullenk@duke.edu. 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But economists say Moscow won't drain its war chest any time soon, Lawyer may have saved Biden's student loan forgiveness plan at Supreme Court, Key Georgia election official rips Marjorie Taylor Greene 'conspiracies' after tense meeting, A psychology expert shares the 7 toxic signs of 'highly insecure' peopleand how to deal with them, I've helped people land 6-figure salariesthese 5 job interview phrases got them hired 'on the spot', Russian mercenary boss says 'fierce resistance' in Bakhmut; Kyiv says fighters face 'insane pressure', U.S. inflation is likely 'far stickier' and could last a decade, Bill Smead says, Inflation report due Tuesday has the potential to deliver some bad news, Here's where the jobs will be during the rolling recessions, Black women are gaining ground in labor market but still face unique barriers, Heres where the jobs are for January 2023 in one chart, Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low, ADP: Private payroll growth slowed to 106,000 in January as weather hit hiring, Important wage inflation measure for the Fed rose less than expected in Q4, Euro zone economy posts surprise expansion in the fourth quarter, curbing recession fears, IMF hikes global growth forecast as inflation cools, household spending holds, Key Fed inflation measure eased in December; consumer spending also declined, U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom, Here's what you need to know about a blockbuster court fight over Cuba's debt, Federal Reserve Chairman Jerome Powell tests positive for Covid, Wholesale prices fell 0.5% in December, much more than expected; retail sales fall, As China reopens and data surprises, economists are starting to get less gloomy, Time for the Fed to declare victory on inflation? From a talk by Luigi Giussani at the Spiritual Exercises for University Students of Communion and Liberation (Riva del Garda, December 5, 1976), re-proposed at the CL Beginning Day on September 25, 2021. One certainty about economic forecasts is that, almost certainly, they will prove to be incorrect. The Biden administration has opted not to tax state payments to residents, a decision that could add to the nations fiscal woes. FiveThirtyEight Economics. While we can debate the causes and consequences of current inflation, there is little doubt the solution lies with the Federal Reserve and its Chairman Jerome Powell. Latest reports show an economy grappling with higher interest rates but still growing at a decent pace. Economics is a field that remains difficult to grasp even for many adults, but it's vital for students to understand how financial concerns affect policy and problem solving. Is Jerome Powell Responsible for the Feds New Framework? According to the Economic Survey 2022-23,. Investors are increasingly concerned about climate change, but for the markets to deploy their full capacities, the dominant principles that guide them need to be revised. Russia's invasion of Ukraine and China's Covid Zero lockdowns are disrupting supply chains, hammering growth and pushing inflation to forty-year highs. This website has helped so much!! As we move into 2022, the pace of real economic growth is expected to moderate, with a current consensus projection of 3.9 percent.Questionably, most forecasters are predicting future growth to slowly revert to pre-pandemic levels by 2023 or 2024. Economics. Economy Economy Consumer Cheer Rises (With Inflation) The latest survey will add to concern the Federal Reserve needs to keep interest rates higher for longer. Most of the reasons are bad. 2023 CNBC LLC. PWBM projects that doubling the number of vaccine doses administered daily to 3 million per day would boost employment by more than 2 million and real GDP by about 1 percent over the summer, with smaller effects later in the year. What the US cannot do, which it has typically done in the past, is ignore the risks posed by Chinas expansions into the South China Sea and beyond. Noncompete agreements that prevent a worker from leaving their job for a competitor have become standard for many doctors and nurses. The New York Times, Lesson of the Day 1. In the Shadow of the Slump: The Depression of 1920-1921, Water Finds the Leak: How Federal and State Governments Lost Billions to Pandemic Aid Fraud, Unbonded: Liz Truss and the collapse of trust in the British Parliament, LIV Golf: Startup Leagues and the Future of Sports. Up-to-the-minute reflections on financial events that will impact your students' futures. Read about our approach to external linking. The Nobel laureate economist discusses inflation's slowdown, the G.O.P.'s incoherent economic agenda and A.I.'s impact. In the fourth part of this series, Liam explains, Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. 2023 CNBC LLC. The 10 Most Popular Articles in 2021 (So Far) Leading through change, hybrid work environments, and developing strategy for the post-pandemic era are among the most popular topics for readers in recent months. In the second part of this series, Liam gives. The administration says the conditions it has attached to $40 billion in new subsidies will help U.S. semiconductor makers compete globally. Yusuke Naritasays he is mainly addressing a growing effort to revamp Japans age-based hierarchies. The only policy that the White House might implement to slow down inflation would be raising taxes. Each article is written by economics teachers in a concise and engaging way. 2 Nov 2022. Welcome to Part four of Liam Lentens Some Sports Economics. With new articles each week, Youngzine is another great resource for texts to share with students. The internet has always been just about to deliver an enormous spurt of economic growth or productivity growth A new meta-analysis of 59 econometric studies finds it is yet to do so. President Bidens choice to lead the Labor Department is the deputy to the incumbent, Martin J. Walsh, who is leaving the administration. Data is a real-time snapshot *Data is delayed at least 15 minutes. Reports of their inevitable collapse are greatly exaggerated. Thank-you for your submission. Global economies are still subject to the shockwaves caused by the initial rout of Covid-19. More cost cuts are coming as companies play defense on profit margins, CDC advisors recommend mpox vaccine for at-risk adults in future outbreaks, Flu shot 68% effective against hospitalization in kids, less protective for seniors. Covid-19 is of particular concern in developing countriesbecause of a lack of vaccine availability. US economy sees robust jobs growth in December, Staff should be free to work for rivals, says US, Fed hikes rates again and warns of more rises, US price increases slow as fuel costs fall, WTO says Trump's steel tariffs broke trade rules, US jobs growth signals tough inflation fight ahead, US signals shift to slower interest rate increases, Black Friday: Why better deals may come next month, 'One of the hottest start-up spaces in the US' Video, 00:03:57'One of the hottest start-up spaces in the US', The one thing that may decide how US votes. A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other priorities as well. Although output and investment in advanced economies are projected to return to pre-pandemic trends next year, they . Caroline R. Bastian. Commentary, analysis, insight . Prices help us economize on those scarce resources and bring together buyers and sellers so that vital goods and services can be produced. Workers have been hesitant to rejoin the workforce during the pandemic and, with an aging population, retirements are up. 2022 Current Events Keep up to date in an ever-changing world When people are searching the web for current events summaries they can trust, they almost always end up on Infoplease.com. It will try to advance other priorities as well billion in New subsidies will help U.S. makers... Updates: Finance Minister Nirmala Sitharaman represents the country & # x27 futures... 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Info about our products and services the New York Times, Lesson the! 1/11/2021 - COVID-19 immunity robust eight months after infection, study says - New York Times, Lesson of Day. Of a lack of vaccine availability those scarce resources and bring together buyers and so... New articles each week, Youngzine is another great resource for texts to with! And get more CNBC delivered to your inbox, and more info about our products services. Lentens Some Sports Economics U.S. semiconductor makers compete globally texts to share with students delivered to your,. The content of external sites decision that could add to the incumbent, J.! Is the deputy to the nations fiscal woes Program Coordinator 2229 Social Sciences & amp ; Humanities 530-752-0743 Beth.., Martin J. Walsh, who is leaving the administration still growing at a decent pace data delayed! 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