From the state of the economy way back in January to December’s low, low gas prices, here are 10 posts on Real Time Economics that captured your attention this year.
Freshly minted college graduates who majored in fields like architecture, business, computers, statistics, engineering and health can expect to start jobs where they earn more than high school graduates with decades of experience, said a report in February from Georgetown University‘s Center on Education and the Workforce.
Back in February, the U.S. national debt had recently topped $18 trillion, and economics reporters Nick Timiraos and Josh Zumbrun answered your questions about the deficit and debt outlook—with charts.
In September, New York City took the top spot in the annual ranking of the world’s most expensive cities, according to an analysis by UBS. The cost of goods and services was higher in just two other cities—Zurich and Geneva—but they were less expensive than New York after including rent.
For many Americans, the rise in food and housing prices is a tough squeeze. That’s because—even in an era with low overall inflation—low-income Americans spend a disproportionate share of their money on food and housing. In April, new data from the Labor Department showed the extent of the discrepancy.
In June, Greece faced a deadline to pay the International Monetary Fund $1.7 billion that it ultimately missed. We outlined what was at risk.
A family of four can meet its basic needs for $49,114 a year in Morristown, Tenn.—about half the income needed to raise a family in New York or Washington, according to the Economic Policy Institute’s family budget calculator released in August.
The gender pay gap widened again because men’s earnings were growing this year at twice the rate of women’s. The median weekly earnings for full-time male workers was $889 in the third quarter, the Labor Department said in October.
This sounds like a shocking statistic: 92 million Americans don’t work but also aren’t considered unemployed by the Labor Department. What are these 92 million Americans doing? Actually, we do have some idea, which we detailed in October.
The decline in fuel costs over the past year returned gasoline prices to their rightful place, we said in December: cheaper than a gallon of milk. You drank it up.
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