So exactly why do the U.S. employment figures remain so lackluster? According to blogger Charles Hugh Smith, it comes down to this: the percentage of people with full-time employment is back to where it was in the mid-1970s. While the GDP and population have both grown since 2000, the rate of full-time employment has not. The Fed’s policies are boosting the profits of the financial markets sector and not much else, which means that would-be entrepreneurs and business owners are left with fewer resources with which to create jobs. This results in no organic job growth while the cost of doing business in the U.S. continues to rise. As long as that remains the case, expect the economy to keep hobbling along as it has for years.
HHS wants drugmakers to put the full list prices of drugs in their ads.
Feeling scattered? Consider going narrow. And deep.
The pool of younger applicants shrank more slowly.
Sponsored by Nuveen
The retirement market is evolving. Help your plan sponsor clients understand what’s next in defined contribution with the latest thinking in investments, participant engagement strategies and fiduciary perspectives.
Sponsored by Orion Advisor Services
Constructing tax-efficient SMA strategies used to be an expensive and time-intensive endeavor. Not anymore. Learn how to personalize client portfolios in minutes--and at a fraction of the cost of outsourcing to a third party.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.