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.
Construction is now the fastest-growing industry in Washington state. Construction cranes fill the skyline. Public works projects like light rail lines and the tunnel project snarl our streets. But despite appearances, construction has not yet fully recovered from the 2008 recession.
The biotech industry took a big hit during the recession, and it can still be difficult in this area to find and keep work in that field. But for those looking to enter the industry there are a few things you should keep in mind. Luke Timmerman, the national biotech editor at Xconomy, an online business and technology blog, explains what you should consider before taking a job in biotech and the challenges of the industry.
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.
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.
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.
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.
Originally published on Thu February 7, 2013 3:41 pm
DONNELLY, Idaho - The real estate crash triggered some big bankruptcies in the Northwest, but few are as spectacular and convoluted as the foreclosure of the unfinished Tamarack Resort in western Idaho. What was supposed to be the Northwest's newest destination resort remains in extended legal limbo, but plucky homeowners are keeping it alive until a new buyer arrives.