economy

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

KUOW Photo/Joshua McNichols

The Sounders FC soccer team played their first Major League Soccer game five years ago Wednesday. In that time, the team’s fans have broken attendance records over and over.

But has the team’s financial success trickled down into the community? It depends on who you ask.

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.

Zachary Karabell's "The Leading Indicators."

David Hyde talks with Zachary Karabell, head of Global Strategy at the financial services firm Envestnet, about why we shouldn't use the unemployment rate to inform public policy.

Karabell is also the author "The Leading Indicators: A Short History of the Numbers That Rule Our World."

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."

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

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.

Larry Jametsky, Christina Stewart and their son Lawrence outside the home they say they lost in a fraudulent loan deal in Feb. 2014.
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.

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.

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

Feb 25, 2014

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.

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.

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.

Flickr Photo/Nicholas Bonanno

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

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.

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.

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