Daily Policy Digest
Economic Issues
| So You Think You Can Be a Hair Braider? There are more than 1,000 licensed professions in the United States, partly a result of more than a century of legal work... |
| More than 7 in 10 U.S. Teens Jobless This Summer In 1978, the share of 16- to 19-year-olds with summer employment reached a peak of nearly 60 percent; last summer, only 29.6 percent of that same age group was employed... |
| The Disappearing Gender Wage Gap When the variation in work experience between men and women is applied to 2008 wage data, the gender wage gap closes from 79.4 cents to 88.6 cents on the dollar; accounting for additional factors closes the gap to approximately 97 cents on the dollar... |
| Understanding the China Slowdown Credit Suisse now expects China to grow at 7 percent or less this quarter, and this slowdown could be further exacerbated by a crumbling situation in Europe... |
| Rushing to Finish a Global Free-Trade Deal If big trade deals try to include too many countries or take on too many issues, the negotiations can collapse under the weight of thousands of pages of details... |
| America's Out-of-Work Are Resilient, but Not Endlessly So Unemployment is falling slowly relative to the rise in job vacancies, which suggests that there remains a significant mismatch between the skills employers want and the skills applicants are offering... |
| Families' Wealth Dives 39 Percent in 3 Years The median U.S. household lost nearly 39 percent of its wealth from 2007 to 2010... |
| Beginning of the End for the Euro? The Greek people are faced with three distinct policy paths: remain a member of the euro zone, petition Germany for a more relaxed austerity schedule, or leave the euro zone... |
| Over-Regulation Is Pricey Researchers at Engage America have calculated that federal red tape has squelched at least 779,203 potential jobs from the economy... |
| Deregulating Occupations Emergency medical technologists average just 33 days of training and two examinations, while cosmetologists require, on average, 372 days of training before full licensure... |
