economy

Unemployment
3:52 pm
Wed April 16, 2014

Washington State Jobs Picture Shows Slow Growth

Sign on the U.S. Chamber of Commerce building, Washington, D.C., January 1, 2012.
Credit Flickr Photo/Victoria Pickering

The latest figures show the unemployment rate in Washington state is holding steady at 6.3 percent. The Employment Security Department said the state added an estimated 6,700 jobs in March. The biggest job gains last month were seen in professional and business services.

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Economy
3:09 pm
Tue April 15, 2014

How Collaborative Commons Is The Beginning Of The End For Capitalism

Credit Jeremy Rifkin's latest book, "The Zero Marginal Cost Society."

Marcie Sillman talks with Jeremy Rifkin about his new book, "The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism."

Economy
3:21 pm
Mon April 7, 2014

The Challenges Of The Northwest's Maritime Industry

Credit Flickr Photo/Charles Spurr (CC BY-NC-ND)

Steve Scher talks with Seattle Times columnist Jon Talton about the challenges facing the maritime industry in the Pacific Northwest.

Thinning Of Middle Class
12:30 pm
Wed March 26, 2014

US Will Return To Historic Levels Of Inequality Says One Economist

Tyler Cowen's book "Average is Over."

Here in the Puget Sound region and across the country, the economy is making slow and steady progress in recovering from the Great Recession of 2008. But moving forward, many questions still remain. A crucial one involves the growing inequality gap. Economist Tyler Cowen says the U.S. will return to historic levels of inequality and in turn, we'll see a thinning out of the middle class.

His latest book is called “Average Is Over: Powering America Beyond The Age Of The Great Stagnation.” Cowen talked with Marcie Sillman.

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Economy
4:10 am
Thu March 20, 2014

Unemployment Rate Holds Steady In Washington, Dips In Oregon

Washington Employment Security Department

Originally published on Wed March 19, 2014 3:31 pm

Washington state's unemployment rate held steady in February at 6.4 percent according to fresh numbers from the state Employment Security Department.

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Minimum Wage
3:46 pm
Thu March 13, 2014

David Neumark: Low-Income Family And Low-Wage Worker Are Related 'Very Loosely'

Flickr Photo/401(K) 2012 (CC BY-NC-ND)

Marcie Sillman talks with economist David Neumark at the University of California, Irvine, about what key issues Seattle needs to address before raising its minimum wage.

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EarthFix Reports
3:09 pm
Thu March 6, 2014

Why Northwest Mills Want China To Buy Lumber Instead Of Logs

Tillamook mill manager Mark Elston says without efforts to export lumber to China, his mill would have gone under.
Credit EarthFix Photo/Cassandra Profita

Mark Elston followed his father into the timber industry back when business was booming.

"When I started, you could really mess things up and still make good money," he said. "You can't do that anymore."

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Economy
7:43 am
Thu March 6, 2014

Washington Recoups Great Recession Job Losses, With Caveat

Andreas Klinke Johannsen Flickr

Originally published on Wed March 5, 2014 2:52 pm

It took four years, but Washington has now recovered more jobs than it lost during the Great Recession.

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Economy
3:56 pm
Wed March 5, 2014

Macroeconomics: The Big Picture Of The Minimum Wage

Tim Harford's book "The Undercover Economist Strikes Back"

Ross Reynolds talks with Tim Harford, Financial Times columnist and author, about his new book "The Undercover Economist Strikes Back: How to Run – or Ruin – an Economy." 

The book focuses on the work of macroeconomists and how they believe that tweaking the right dials can steer our economy away from danger. Harford also offers a macroeconomic perspective for Seattle's on-going minimum wage debate.

Homeowners' Rights
7:50 am
Thu February 27, 2014

Washington Supreme Court Takes On Loan Fraud, Foreclosure Fights

Larry Jametsky, Christina Stewart and their son Lawrence outside the home they say they lost in a fraudulent loan deal.
Credit KUOW Photo/Amy Radil

Larry Jametsky visits his family home frequently, even though he was evicted from it almost four years ago.

He and his family have been homeless since then, but they’ve stayed near the blue house in the city of SeaTac. “This was my grandparents’ house, my dad’s house,” Jametsky said.

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EarthFix Reports
8:45 am
Tue February 25, 2014

2013: A Good Year For West Coast Lumber and Log Exports

West Coast log and lumber exports rose sharply in 2013
Amelia Templeton

Originally published on Mon February 24, 2014 3:25 pm

West Coast log and lumber exports rose sharply in 2013 as Asian demand for American logs increased, according to new research from the U.S. Forest Service.

The region's lumber and log exports rose about 20 percent last year, with demand peaking in the fourth quarter.

Most of the West Coast logs shipped overseas are going to China -- although Japan has upped its demand, as well. With limited forestlands of their own, these countries rely on the United States’ timber supply.

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Income Inequality
3:35 pm
Wed February 19, 2014

Conservative Republican Calls For Higher Minimum Wage

Flickr Photo/401(K) 2012 (CC BY-NC-ND)

Marcie Sillman talks with Ron Unz, a Silicon Valley millionaire and conservative activist, about why he thinks Republicans and the nation as a whole would benefit from a $12 minimum wage.

Marriage
2:45 pm
Wed February 12, 2014

Money Can't Buy You Love, But It Might Help

Flickr Photo/Thomas Hawk

Ross Reynolds talks with sociologist Dr. Christie Boxer about why a growing number of Americans are marrying into their own economic class.

Income Equality
11:06 am
Thu January 30, 2014

Are Wealthy Americans In Danger?

The country's wealth gap has gotten the country's high earners worried, POLITICO's Ben White said.
Flickr Photo/Nicholas Bonanno

David Hyde talks with Ben White, chief economic correspondent for POLITICO, about the wealthiest Americans' fears over their future stability.

Economy
9:04 am
Fri January 24, 2014

Unemployment Rate In Washington Lowest In More Than 5 Years

The unemployment rate in Washington state has fallen to the lowest level in five years.

Originally published on Thu January 23, 2014 2:58 pm

New numbers for December from the Washington state employment department peg the current jobless rate at 6.6 percent. The last time it was lower was in November 2008.

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