Economy

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How The Housing Industry Affects Students' Future

New research shows that booms and busts in the housing industry help determine where high school students apply for college. Booms trigger applications to better colleges, busts to lesser quality schools.
NPR

High Schools Grads 'Scarred' By High Unemployment

A new report by Rutgers University shows only 27 percent of recent high school graduates who are not enrolled in college have full-time jobs. Many young people with only high school diplomas say their hopes for the future have been dashed by the high cost of college.
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Exxon Mobil Leaving Fairfax For Houston

By 2014, energy giant Exxon Mobil will be moving their Fairfax campus to a new facility in Houston, Tex., moving more than 2,000 jobs out of the county.

NPR

Economy Grew At 'Moderate Pace' In April And May, Federal Reserve Says

According to reports collected by the central bank, the economic outlook remains "positive." That's more upbeat than the kinds of things many economists have been saying in recent days.
NPR

Can Extending Retirement Age Help Social Security?

A recent report warned Social Security could run out of money by 2033, and some policy makers have suggested raising the retirement age. But Steve Cunningham of the American Institute for Economic Research says that strategy would fail to reduce costs, and would disproportionately hurt blue collar workers. He speaks with host Michel Martin.
NPR

Drop In Productivity Paints 'Mixed Picture'

While in the past such a decline has signaled that hiring might soon pick up, that may not be the case this time around.

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