Part 2 of this blog discussed the Congressional Research Bureau’s report on the change in real wages between 1979 and 2018 across percentiles and demographics (Table 1). That report also goes a step further and breaks down the real wage changes across the various demographic groups across four time periods. Table 2 below depicts what […]
More...Coronavirus, oil prices, a service sector economy and bailouts
Another week that began with stock market turmoil. 7%, 13% and 20% – those are the magic drops in the S&P 500 that trigger “circuit breakers” for the New York Stock Exchange (NYSE). Circuit breakers are when stock market trading is halted to give investors and traders a breather to assess what is going on […]
More...Real Wage Growth (or Lack Thereof): Part 2 – The Long Run: 1979-2018
In 2019 the Congressional Research Service (CRS) released an analysis of real wage trends over the period 1979-2018. The Congressional Research Service is part of the Library of Congress and works exclusively for the United States Congress. The goal of the CRS is to provide nonpartisan analysis on relevant policy issues and legal analysis to […]
More...Business and Society Lecture features journalist Bethany McLean
The University of Wisconsin-Stevens Point School of Business and Economics presented its inaugural Business and Society Lecture featuring Bethany McLean, journalist at Vanity Fair and CNBC, on Tuesday, March 3, in a sold-out Dreyfus University Center Theater. [View Photos] McLean presented “Why Business Goes Bad: Lessons from 20 years of covering frauds, scams and other […]
More...Clinical Laboratory Science placement signing day
After an extensive interview process with health care organizations, 21 students in the clinical laboratory science (CLS) program at the University of Wisconsin-Stevens Point are set to be placed at facilities around the state for six- and nine-month clinical practicums beginning in fall 2020. [View Photos] The CLS program at UW-Stevens Point is among the […]
More...Reynolds presented 2020 WSHA President’s Award
In honor of her extraordinary support, leadership and service, University of Wisconsin-Stevens Point Clinical Assistant Professor of Communication Sciences and Disorders Sondra Reynolds was presented the 2020 President’s Award at the annual Wisconsin Speech-Language-Hearing Association (WSHA) Convention on Feb. 29 in Pewaukee. Reynolds has been a part of the WSHA executive board for the past […]
More...What a week for world markets and coronavirus
What a week – global stock markets around the world tanked as fears and health concerns increased over the coronavirus – including both the spreading of the virus and preparedness for the virus. Pick a country – Germany, Japan, France, Canada, Mexico, England, China, United States – all the markets were down significantly, generally 10% […]
More...Real Wage Growth (or Lack Thereof): Part 1 – The Last Decade
This blog will take a look at real wage growth in the United States and look at real wage growth from a variety of perspectives and different time frames. Real wage growth adjusts the nominal (actual) wage growth for inflation. In other words, it measures the purchasing power change in wages. Generally, it’s one of […]
More...USMCA and NAFTA U.S. and Wisconsin Trade with Canada and Mexico
Following bipartisan support in Congress, in January 2020 President Trump signed the United States, Mexico, and Canada Trade Agreement (USMCA). The USMCA effectively modifies rather than replaces the North American Free Trade Agreement (NAFTA), the original trade agreement between the three nations implemented in 1994. Mexico has ratified the new trade deal, while the Canadian […]
More...Kopperud earns national NSSLHA scholarship
For the first time ever, a University of Wisconsin-Stevens Point junior is among 10 students in the country to receive a national scholarship for students pursuing a degree in communication sciences and disorders. Emily Kopperud has been awarded a National Student Speech Language Hearing Association (NSSLHA) 2019-20 undergraduate scholarship. She is one of just six […]
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