Making Sense of Unemployment Data
Job growth has been healthy over the past five years. However, many people are still concerned about the overall health of the labor market. This issue of Page One Economics explains what the unemployment rate does?and does not?measure and whether it is a reliable indicator of the health of the labor market.
Fast Cash and Payday Loans
Payday loans are convenient and provide FAST cash to cover emergency situations or help pay a borrower?s expenses from one paycheck to the next. But the fee-based structure of payday lending is quite different from a traditional loan, and laws vary among the states. The April 2019 edition of Page One Economics: Focus on Finance takes a look at the structure and fees that make these loans costly.
Making Sense of Private Debt
Although much attention is given to the mounting public debt, private debt (the debt of households and businesses) is actually larger. The March 2020 issue of Page One Economics evaluates trends in private debt and what they could mean for the overall health of the economy.
From Coins to Big Bucks: The Evolution of General-Purpose Reloadable Prepaid Cards
Prepaid cards were invented to solve a problem: replacing coin usage in pay telephones. Since then, prepaid cards have evolved into a huge competitive market for general-purpose reloadable (GPR) prepaid cards. Read more about GPR prepaid cards in the inaugural edition of Page One Economics Focus on Finance.
Renters and Homeowners Insurance: When the Unexpected Happens
If disaster strikes and you lose personal belongings, what’s next? If you have insurance, you’ll have financial help. Learn about types of coverage and insurance basics in the February 2020 Page One Economics: Focus on Finance.
Why Are Some Countries Rich and Others Poor?
Economic growth of less-developed economies is key to closing the gap between rich and poor countries. Increasing access to international trade can provide markets for the goods produced by less-developed countries and also increase productivity by increasing the access to capital resources.
What’s in Your Market Basket? Why Your Inflation Rate Might Differ from the Average
Does it feel like your dollars go as far as they used to? If not, how does that mesh when reports say inflation rates are lower than average? The October issue of Page One Economics explains the disconnect between what you might experience as a consumer and what the data show.
Will Your Smartphone Get You a Job?
App-driven jobs allow workers to decide when, where, and how much to work?one ?gig? at a time. Learn more about this new employment trend in the January 2019 issue of Page One Economics.
Bitcoin: Money or Financial Investment?
Bitcoin has become a cultural and financial phenomenon. While many people have heard of Bitcoin, far fewer understand it. In short, Bitcoin is a digital currency, or "cryptocurrency," that allows person-to-person transactions independent of the banking system. Bitcoin is not a physical coin that you keep in your purse or wallet. Rather, it is a virtual currency?a digital computer code you store in a virtual wallet in cyberspace and access with a computer or smartphone app. Some see Bitcoin as revolutionary because it allows people to transfer money to each other very easily (like sending ...
Making Sense of the National Debt
The current total national debt is over $22 trillion—and growing—with no reduction in sight. How much debt is too much? Are there risks from too much debt? This issue of Page One Economics addresses these questions and how government debt differs from household debt.