economy

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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Explaining Bitcoin
2:16 pm
Wed February 26, 2014

Bitcoin: The Decentralized Virtual Currency That We're All Trying To Understand

Not a real bitcoin: the currency doesn't have a physical form; pictures like this are novelty items that often have bitcoin information on them.
Flickr Photo/Antana (CC-BY-NC-ND)

Imagine using online banking – without the bank.

Bitcoin is a digital currency that was created five years ago. It runs entirely on the sways of the free market: no government or banking institution is backing it.

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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.

Minimum Wage
3:07 pm
Thu February 13, 2014

Income Inequality Advisory Committee Working On Minimum Wage Proposal

Fast food workers and minimum wage advocates marched from SeaTac to Seattle as part of a national demonstration for a $15 minimum wage on December 5, 2013.
KUOW Photo/Carolyn Adolph

Ross Reynolds talks with Howard Wright, co-chair of Seattle Mayor Ed Murray's Income Inequality Advisory Committee, about the status of its proposal to the mayor.

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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Economy
3:12 pm
Thu January 23, 2014

How Rising Taxes For Wealthy Americans Will Impact Economic Inequality

A household earning more than $1 million will see their taxes rates rise on average by $41,000.
Flickr/401 (K) 2012 (CC BY-NC-ND)

David Hyde talks with economist Dean Baker about why tax rates for wealthy Americans are going up and how that could impact economic disparity.

Reputation Economics
3:05 pm
Fri January 10, 2014

How Much Is Your Mother Worth?

Joshua Klein in the KUOW studios.
KUOW Photo/Bond Huberman

Ross Reynolds talks with professional hacker and author Joshua Klein about why who you know is more valuable than what you have.

Federal Reserve
3:30 pm
Tue January 7, 2014

What Exactly Does The Head Of The Fed Do?

Flickr Photo/Tim Evanson

Ross Reynolds talks to Washington Post Economics columnist Neil Irwin about what the The Federal Reserve System is and what exactly the chair of the Fed does.

Boeing And Microsoft
2:45 pm
Fri January 3, 2014

Puget Sound Business News To Watch In 2014

Flickr Photo/Henry Alva (CC BY-NC-ND)

David Hyde discusses with economics columnist Jon Talton Boeing and Microsoft's big decisions and how they will effect the Puget Sound economy in 2014.

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