Children of the Recession: The impact of the economic crisis on child well-being in rich countries (United Nations); The Political Consequences of the Great Recession (Center for American Progress); and In the Shadow of the Great Recession: Experiences and Perspectives of Young Workers (Federal Reserve).
Archive for Business
For those willing to brave the crowds, this list should help you navigate.
The Price of Crisis: Eminent Domain, Local Governments, and the Value of Underwater Mortgages (Albany Law School); The Middle-Class Squeeze (Center for American Progress); Systemically Important or “Too Big to Fail” Financial Institutions (CRS); The Impact of the Global Financial Crisis on Youth Labour Markets Institute for the Study of Labor); Personal Ethics & the U.S. Financial Collapse of 2007-08 (American University); Treasury Significantly Loosened Executive Pay Limits Resulting in Excessive Pay for Top 25 Employees at GM and Ally (GMAC) When the Companies Were Not Repaying TARP in Full and Taxpayers Were Suffering Billions of Dollars in Losses (SIGTARP); and Beige Book (Federal Reserve).
If the proportion of women in Congress is pitifully low, then the absence of women CEOs is pathetic. According to Catalyst, women hold only a little over 5% of CEO positions. The list is arranged by the size of the company with a link to company-supplied biographies. These readings can inform the conversation: Women CEOs: Why So Few (HBR); Lack of female CEOs: Not just problem for women (CNN);Why Most Women Will Never Become CEO (Forbes); Advancing Women in Business Leadership (George Washington University); Women on Boards (Lord Davies Commission, UK); and The Glass Precipice (The Economist).
An Exploration of the Determinants of the Subjective Well-being of Americans During the Great Recession (OECD); Job Search Before and After the Great Recession (Federal Reserve, Cleveland); The Responsiveness of the Temporary Assistance for Needy Families Program During the Great Recession (Brookings); Follow the Money: Compensation, Risk, and the Financial Crisis (Stanford University); and Beige Book – September 2014 (Federal Reserve).
There is no Federal law for sick leave. (To remedy that situation, the Healthy Families Act was introduced into both houses of Congress. The odds of it passing are slim to none.) In fact, ” The United States is the only advanced economy in the world that does not guarantee its workers paid vacation.”(No-Vacation Nation Revisited, 1.)
And as far as requiring paid sick leave, that is left up to state or local entities. Jersey City is one of the few cities to have a paid sick leave mandate – Earned Sick Time Ordinance; Newark also recently passed its own legislation, the eighth ordinance in the country. (Since that time, two more cities – Eugene and San Diego have passed paid sick leave laws.) Only Connecticut has passed a state-wide paid sick leave law. Campaigns are underway across the country at both local and state levels to push through this protection; here is the proposed legislation for New Jersey. and please peruse this very informative piece from NJ Spotlight: Does Paid Sick Leave Have Healthy Chance of Approval in New Jersey? For some statistics, please look at: Paid leave in private industry over the past 20 years from the Bureau of Labor Statistics.
For those interested in such things, the Towers Watson The world’s 300 largest pension funds – year end 2013 report has New Jersey in the upper ranks as far as assets are concerned.