Minimum wage hikes don't eliminate jobs

Increasing the minimum wage does not lead to the short- or long-term loss of low paying jobs, according to a new study co-authored by UC Berkeley economics professor Michael Reich and published in the November issue of the ...

How to avoid employee depression in a recession

As employees become increasingly anxious about job security and financial worries during an economic recession, satisfaction with the job they have, commitment to their company and engagement with their work are all affected ...

Explained: Defining recessions

The recent recession, the longest since The Great Depression, lasted from December 2007 until June 2009, according to a Sept. 20 announcement from the National Bureau of Economic Research (NBER), the pre-eminent group calibrating ...

Strategic management theory offers fresh take on the economic crisis

The recent financial crisis and resulting global economic downturn has been the most defining global economic event since the Great Depression. Now research which appears in the November issue of Strategic Organization, published ...

Recession may be over, but recovery will be gradual

(PhysOrg.com) -- With the severe national recession of the past two years finally behind us, the pace of economic recovery will be slow and unemployment will remain high for quite some time, say economists at the University ...

US tops $1 bln in stimulus for clean energy projects

The US government has spent more than one billion dollars on private sector renewable energy projects from the massive economic stimulus program passed seven months ago, officials said Tuesday.

Financial Crisis Reduces Economic Freedom in China and the West

(PhysOrg.com) -- The current financial crisis may reduce economic freedom as governments are likely increase intervention in a bid to protect their own economies - according to a study in Pacific Focus published by Wiley-Blackwell. ...

Gambling ban would reverse recession, new book says

Legalized gambling is weighing down a global economy already mired in its deepest downturn since the Great Depression, according to a new collection of research that renews decades-old calls to outlaw betting.

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