Economy http://kplu.org en When A Bad Economy Means Working 'Forever' http://kplu.org/post/when-bad-economy-means-working-forever <em>Increasingly, people are continuing to work past 65. Almost a third of Americans between the ages of 65 and 70 are working, and among those older than 75, about 7 percent are still on the job. In <a href="http://www.npr.org/series/171698920/working-late-pushing-back-the-retirement-clock">Working Late</a>, a series for </em>Morning Edition<em>, NPR profiles older adults who are still in the workforce.</em><p>Janet Sims-Wood is a 67-year-old librarian living near Washington, D.C., who, like millions of other seniors, has had to stay in the workforce past retirement age to make ends meet. Wed, 20 Feb 2013 16:56:19 +0000 Ina Jaffe 7825 at http://kplu.org When A Bad Economy Means Working 'Forever' Cliff Deal: What We Learned; What Comes Next http://kplu.org/post/fiscal-cliff-deal-what-we-learned-what-comes-next The budget negotiations that led to a frantic New Year's deal on taxes confirmed many lessons about the way Washington works today.<p>For one thing, many of the most important relationships in the capitol appear to be broken. Wed, 02 Jan 2013 20:40:08 +0000 7477 at http://kplu.org Cliff Deal: What We Learned; What Comes Next Washington unemployment up, but construction shows signs of life http://kplu.org/post/washington-unemployment-construction-shows-signs-life OLYMPIA, Wash. – Washington’s idled construction industry continued to show signs of life in August. Nonetheless, the state’s jobless rate still rose slightly. Overall Washington lost 1,100 jobs last month. The new unemployment rate announced Wednesday is 8.6 percent -– up a tenth of a percent from July.<p>Construction was one of the bright spots. That hard-hit sector added nearly 2,000 jobs in August. Wed, 19 Sep 2012 23:00:08 +0000 Austin Jenkins 6407 at http://kplu.org Washington unemployment up, but construction shows signs of life Northwest wildfires not all bad for local economies http://kplu.org/post/northwest-wildfires-not-all-bad-local-economies Crews continue to make progress on several wildfires in central Washington. State health officials say the air is smoky enough around Wenatchee to be unhealthy for people with sensitive respiratory systems.<p>Meanwhile, researchers at the University of Oregon have been looking into the economic impact of large wildfires. Their findings indicated that there can actually be an upside to local economies.<p>Cassandra Moseley directs the U of O's Institute for a Sustainable Environment. Mon, 17 Sep 2012 13:54:07 +0000 Colin Fogarty 6361 at http://kplu.org Northwest wildfires not all bad for local economies Pakistan's Lone Brewery Sets Sights On India http://kplu.org/post/pakistans-lone-brewery-sets-sights-india Islamic Pakistan has just one brewery, but it has a rich history.<p>Bottles of beer have been rolling off Murree Brewery's assembly line since 1860, when the company was founded outside the capital Islamabad — making it Pakistan's oldest private company.<p>"The brewery was here before Pakistan was here," says CEO Isphanyar Bhandara.<p>Sitting at his grandfather's desk, he tastes new samples and describes how he ended up running a brewery in a Muslim country, where alcohol is virtually banned.<p>"At the time of partition, my folks decided to stay on this side of the line," says Bhandara, referr Sun, 02 Sep 2012 13:52:19 +0000 6175 at http://kplu.org Pakistan's Lone Brewery Sets Sights On India Puget Sound economy bouncing back faster than the U.S. http://kplu.org/post/puget-sound-economy-bouncing-back-faster-us <p>There have been a few glimmers of hope lately for the U.S. economy, such as a better-than-expected jobs report. But local economist Dick Conway&nbsp; says there&rsquo;s even more reason for optimism for the Puget Sound region.&nbsp;</p> Mon, 13 Aug 2012 12:00:00 +0000 Ashley Gross 5933 at http://kplu.org One Housing Sector That's Booming: Survival Realty http://kplu.org/post/one-housing-sector-thats-booming-survival-realty COEUR D’ALENE, Idaho - The housing market in the Northwest is finally showing signs of recovery. But there’s one sector of real estate that never let up during the economic downturn. Real estate agents who sell what’s known as “survival realty” are experiencing boom times. A remote corner of the Northwest has become a hotspot for home buyers wanting to ride out disaster – natural or otherwise.<p>Realtor Michael White guides me from room to room in a spacious three-bedroom, three-and-a-half-bath home. Fri, 03 Aug 2012 16:40:28 +0000 5868 at http://kplu.org One Housing Sector That's Booming: Survival Realty Pew: Over 3 decades, residential segregation by income has increased http://kplu.org/post/pew-over-3-decades-residential-segregation-income-has-increased A <a href="http://www.pewsocialtrends.org/2012/08/01/the-rise-of-residential-segregation-by-income/">new analysis released today</a> finds that residential segregation by income is rising in United States.<p>NPR's Jennifer Ludden filed this report for our Newscast unit:<p><blockquote><p>"The Pew Research Center studied Census figures for the 30 largest metropolitan areas. Thu, 02 Aug 2012 04:09:44 +0000 5846 at http://kplu.org Pray For Rain: Food Prices Heading Higher http://kplu.org/post/pray-rain-food-prices-heading-higher A <a href="http://www.npr.org/2012/07/18/156989764/interactive-mapping-the-u-s-drought">fierce drought</a> has been scorching crops this summer, but it's still too soon to know exactly how much of a hole it will burn in your wallet.<p>The U.S. Department of Agriculture has just released its <a href="http://ers.usda.gov/data-products/food-price-outlook/summary-findings.aspx">latest forecast</a> for retail food prices. Wed, 25 Jul 2012 20:16:10 +0000 Marilyn Geewax 5718 at http://kplu.org Pray For Rain: Food Prices Heading Higher Seattle region's economy ranks over many countries http://kplu.org/post/seattle-regions-economy-ranks-over-many-countries <p>You know you&rsquo;re in a first-world economy when &hellip; many of your metro areas have larger economies than whole countries.</p><p>The Wall Street Journal wanted to put into perspective just how big the gap is between the U.S. economy and much of the rest of the world and so created a ranked list.</p><p> Tue, 24 Jul 2012 18:05:15 +0000 Jake Ellison 5691 at http://kplu.org Seattle region's economy ranks over many countries Raising minimum wage: A help or harm? http://kplu.org/post/raising-minimum-wage-help-or-harm Back in 1912, Massachusetts became the first place in America to introduce a minimum wage, but it would take another quarter century before a national minimum wage was set.<p>President Franklin Roosevelt made it law in 1938, that any hourly worker had to be paid at least 25 cents an hour. It was revolutionary, and very few countries had anything like it.<p>Every few years, the federal minimum wage would go up, helping millions of Americans inch closer to a middle-class lifestyle. Sun, 08 Jul 2012 21:37:55 +0000 5541 at http://kplu.org Raising minimum wage: A help or harm? Washington wages outpaced inflation last year http://kplu.org/post/washington-wages-outpaced-inflation-last-year <p>The average annual wage in Washington grew by 3.6% in 2011.&nbsp;</p><p>The state <a href="http://www.esd.wa.gov/newsandinformation/releases/average-wage-grew-in-2011-12-024.php">Employment Security Department</a>&nbsp;says wages outpaced inflation by 0.9 percentage points.</p><p>The average annual salary in Washington was $49,894 last year, up from $48,162 in 2010.</p><p> Tue, 19 Jun 2012 21:05:25 +0000 Dave Meyer 5337 at http://kplu.org Washington wages outpaced inflation last year Spending on the arts in Seattle grew despite recession, study shows http://kplu.org/post/spending-arts-seattle-grew-despite-recession-study-shows <p>Non-profit arts groups generated $447.6&nbsp; million for Seattle&rsquo;s economy in 2010. That&rsquo;s over $1 million more than before the economic downturn, according to a <a href="http://www.artsusa.org/information_services/research/services/economic_impact/iv/local.asp#">recent study by Americans for the Arts</a>, a national advocacy group.</p><p> Tue, 12 Jun 2012 00:29:46 +0000 Lindsay Lowe 5248 at http://kplu.org Spending on the arts in Seattle grew despite recession, study shows West Coast Gas Prices Higher Than Other Regions http://kplu.org/post/west-coast-gas-prices-higher-other-regions Gas prices nationwide have been dropping but not in the Northwest. In fact, this Memorial Day weekend, the region's gas prices are among the highest in the nation.<p>Gas in Washington and Oregon is selling above $4.20 per gallon. It's cheaper in Idaho. But all three states are well above the national average of $3.68 per gallon.<p>The U.S Department of Energy says oil supplies on the West Coast are the lowest they've been since the 1999. Several California oil refineries are offline. Fri, 25 May 2012 01:51:40 +0000 5100 at http://kplu.org West Coast Gas Prices Higher Than Other Regions Washington's unemployment rate continues slow drop http://kplu.org/post/washingtons-unemployment-rate-continues-slow-drop <p>OLYMPIA, Wash. – Washington’s jobless rate continues to inch downward. <a href="https://fortress.wa.gov/esd/employmentdata/docs/economic-reports/current-monthly-employment-report.pdf">The April numbers</a> out Wednesday put unemployment at 8.1 percent . That’s down from 8.3 percent in March. Most of April’s job growth was in manufacturing. </p> <p>State economist Dave Wallace says so far 2012 is proving to be a recovery year in Washington.</p> Thu, 17 May 2012 15:10:30 +0000 Austin Jenkins 5032 at http://kplu.org Washington's unemployment rate continues slow drop