The pandemic has highlighted the shortcomings of our current welfare system. The government responded by passing stimulus packages, but long-term measures are needed to address the growing inequalities linked to slow wage growth and a labor market that no longer allows people to fulfill their basic needs. Some policymakers believe…
The typical interview process begins with a short (15–30 minute) screening phone or zoom call. Should you get through the screen, you will have at least one full interview with a hiring manager or supervisor and sometimes with co-workers. Interviews average 40 minutes. Depending on the organization, interviews can be…
It’s the moment of truth: you have found a role that speaks to you and you’re trying to evaluate whether to apply. You can’t do everything the position requires. Should you apply?
Here’s the skinny on hiring:
It’s a myth that the most qualified person usually gets hired. Hiring managers…
You’ve done the soul-searching work of developing your career search criteria, and you’ve done research to identify target companies. You have your resume and LinkedIn profile. And, you have been looking at job postings to develop your knowledge of different careers and career vocabulary. …
Fiscal policy is how governments adjust their spending levels and tax rates so they can influence the economy. It touches many parts of society, including businesses, households and infrastructure.
Explore how fiscal policy is developed in the United States, and discover some definitions of what this policy is as well as the different approaches that have been taken historically. We’ll also discuss where the country is now, and how you can get involved and make a difference.
What is fiscal policy?
As the…
The US federal deficit has been a hot topic in the news lately. There have been headlines about the deficit hitting $3.2 trillion in 2020 in the wake of the COVID-19 pandemic and political pundits talking about the deficit equalling the economy for the first time since World War II. And while all of that sounds impressive and slightly scary, wouldn’t it be great to know what that actually means?
What is the federal budget deficit?
It seems like the US deficit is constantly in the news, but it can be hard to cut through the noise and understand what exactly the deficit is and why the average American should even care. On this page, discover what the deficit is, how it happens, why it matters…
The U.S. federal debt has passed the $26 trillion mark and keeps growing. Experts believe that current levels of spending aren’t sustainable, and that we could be headed toward a new financial crisis. Is there a risk that the U.S. would default on its debt? What would happen in this scenario?
What Happens When a Country Defaults on Its Debt?
Countries such as Ecuador, Argentina, Venezuela and Greece have defaulted on their debt in recent history. This decision plunged Argentina into a period of instability before the debt was successfully restructured.
Countries like Russia, Spain and Germany have defaulted on their debt in the past and have successfully recovered. The…
Individuals, corporations, and the economy have all been impacted by the COVID-19 pandemic. To help support Americans, small businesses, and the economy, the federal government has enacted four pieces of legislation that approves the spending of trillions of dollars. …
