economy

Welder Demand
1:00 am
Thu September 19, 2013

Passing The Torch To A New Generation Of Welders

Welding student Mike Mullins.
KUOW Photo/Jake Warga

Welding torches have sizzled at the Vigor Industrial shipyard on Seattle’s Harbor Island for a century. But the men and women behind the welding masks in this particular warehouse have only been at it for two weeks. The demand for skilled welders is so high that the shipyard and the state are now paying to teach the skill to displaced workers.

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Recession Recovery
1:00 am
Thu September 19, 2013

Rents Rising In Seattle And Portland As Wages Stay Flat

Flickr Photo/Daniel Spils

If you’re on the hunt for an affordable apartment in Seattle, Bellevue or Tacoma – good luck. Rents in these urban areas continue to climb higher while people’s earnings remain stagnant, according to a new annual census report released Thursday.

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State Revenue
3:40 pm
Wed September 18, 2013

Washington Revenues Show Slow And Steady Recovery

Originally published on Wed September 18, 2013 3:40 pm

Slow and steady. That’s how Washington’s chief economic forecaster sums up the recovery in state revenues.

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From Mechanic To Nurse
8:20 am
Tue September 17, 2013

Health Care Sector Jobs Slowly Rebounding From Recession

Ross McGilvray works as a registered nurse in the Medical Telemetry unit at Virginia Mason Hospital in Seattle, Wash.
karenducey.com/Karen Ducey

Nursing schools around the country have seen a jump in enrollment in the last few years. Many students were hoping to get in on what was supposed to be a recession-proof field: the growing health care sector. Instead, new graduates faced a tough market.

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Federal Reserve Chief
2:09 pm
Mon September 16, 2013

Why Is Larry Summers Out As Next Fed Head?

Larry Summers, former candidate for head of the Federal Reserve.
Flickr Photo/Chatham House, London

Larry Summers has pulled out of the running to be the next head of the Federal Reserve.  The former treasury secretary and Harvard president was said to be the leading candidate for the position to replace Ben Bernanke. So why did Summers withdraw?  Joining Ross Reynolds with the latest on what’s going on in the other Washington – and what’s at stake for the country – is Annie Lowrey.  She's covering the story of the next Federal Reserve chief for the New York Times.

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Relationships And Economics
11:16 am
Mon September 16, 2013

When Money And Love Collide

Flickr Photo/Jenifer Correa

Marcie Sillman speaks with Gail Wyatt, couples counselor and director of UC Los Angeles' Sexual Health Program.

Marcie Sillman speaks with Shelly Lundberg, UC Santa Barbara economics professor.

It's no surprise that money stress doesn't bode well for romance. For many couples, decisions like marriage, divorce or children hinge on the question: Can we afford it? Marcie Sillman talks with UC Santa Barbara economics professor Shelly Lundberg and couples counselor and director of UC Los Angeles' Sexual Health Program Gail Wyatt about how money impacts our love lives.

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Child Care As Economic Indicator
5:27 am
Mon September 16, 2013

Job Recovery From Small Town To Big City

Lyman day care provider Amber Rooks.
KUOW Photo/Liz Jones

The economic downturn attributed to the Great Recession tested the resilience of many workers and careers.

King County’s unemployment rate is more than 2 percent lower than the national rate. In fact, the Seattle area is seen as a bright spot in the recovery. But the farther you get from the big city, the more likely a  different picture emerges. In some rural areas, incomes and job security are lower, and this has made for a tougher recovery.

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Recruitment & Funding Plans
3:58 pm
Thu September 12, 2013

State Leaders Say More UW Funding Key To Economic Growth

Suzzalo Library in the heart of the UW's Seattle campus.
Flickr Photo/Herr Hans Gruber

A group of business and civic leaders including Bill Gates Sr. have issued a report calling for the University of Washington to admit more in-state students. They also say the UW needs to recruit more leading academics.

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Railroad History
9:28 am
Mon September 9, 2013

Former Northwest Railroad Town Struggles To Keep Last 25 People

Jessica Robinson Northwest News Network

Originally published on Fri September 6, 2013 6:05 pm

Take a drive down any highway in the Northwest, and you'll pass signs for dozens of small towns. There are more than 700 cities under 10,000 people in Washington, Oregon and Idaho. Many of these towns came about because of railroads or timber or mines and now they’re trying to figure out what comes next.

It's nearly 2:15 in Avery, Idaho. The mail has arrived. And the post office is about to become the busiest place in town.

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Economic Recovery
12:32 am
Thu August 29, 2013

For Restaurant Workers, A Struggle To Put Food On The Table

Losia Nyankale helps daughter Jonessa and son Juliean learn the alphabet. Nyankale, who works in a restaurant in Washington, D.C., says she needs food stamps and child-care subsidies to make ends meet.
Jennifer Ludden NPR

Originally published on Thu August 29, 2013 8:27 am

Losia Nyankale, 29, didn't mean to make a career in the restaurant business. But after Nyankale was in college for two years, her mom lost her job as a schoolteacher and could no longer pay tuition. Then, Nyankale's temp jobs in bookkeeping dried up in the recession. So she went back to her standby — restaurant work.

"I did some kitchen work. The pantries or the salad station," she says. "I've also managed, supervised, wash[ed] dishes."

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Determining Poverty Line
9:16 pm
Mon August 26, 2013

A College Kid, A Single Mom, And The Problem With The Poverty Line

Marion Matthew is a home health aide supporting herself and her 17-year-old son.
Pam Fessler NPR

Originally published on Tue August 27, 2013 2:02 am

The College Kid

Rico Saccoccio is a junior at Fordham University in the Bronx. He's from a middle-class family in Connecticut and he spent the summer living at home with his parents, who cover about $15,000 a year in his college costs.

According to the U.S. government, Saccoccio is living in poverty. The $8,000 he earns doing odd jobs puts him well below the $11,945 poverty threshold for an individual. In fact, the U.S. Census Bureau recently reported that more than half of all college students who are living off campus and not at home are poor.

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Economics
6:00 am
Wed August 21, 2013

Put Your Money Where Your Mouth Is: The Conversation Talks Economics

Paul Krugman
Center for American Progress

We discuss the economy a lot on The Conversation. From the effects of the recession to financial planning, money is always in the news. Today, we rebroadcast some of our best interviews with economists and financial reporters, including a talk with Paul Krugman in front of a live studio audience.

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Demographics
10:46 am
Tue August 13, 2013

Does Fewer Kids Mean Less Kid Friendly? Raising Children In Jet City

Flickr Photo/Michael Hanscom

 Seattle has one of the lowest populations of children in the United States. What does it mean when a city goes from a playground for kids to a playground for the rich? Ross Reynolds talks with Ali Modarres, professor of urban geography at California State University and co-author of a new report on the Childless City. And listeners answer the questions: Do you think is a bad place to raise kids? Did you leave the city to raise your kids in Shoreline or Bellevue? 

White House Press Conference
8:20 am
Fri August 9, 2013

Obama Set For News Conference Friday Afternoon

President Obama
White House Photo/Pete Souza

President Obama is set to hold a news conference at the White House on Friday at noon P.T. — his first such formal give-and-take with the press corps since "NSA leaker" Edward Snowden started spilling secrets about National Security Agency surveillance programs in June.

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Canada, Culture, Commerce
10:00 am
Wed July 31, 2013

Canada, Culture And Commerce

Flickr Photo/Kevin Dooley



Vancouver Sun columnist Vaughn Palmer brings us the latest news from Canada, Everett Herald film critic Robert Horton looks at how rain is used in film and Michael Parks measures the global economic outlook, prospects for job growth in Washington and the latest moves by Amazon and Microsoft.

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