Are you getting enough sleep? If not, you might be costing your employer significant productivity, which the Rand Europe think tank has now translated into aggregate dollars across the global economy.
By all accounts, stress—and its accompanying emotional mix of frustration, anxiety and fear—is bad for your health. When you experience stress in your body, you release increased amounts of glucose from our liver into your blood, and your body produces cortisone, which is actually toxic to your system. Your heart rate goes up, sending more enriched blood to your muscles. Your immune system kicks into high gear, and you stay in this high-alert state which is only designed to help you combat real threats, depleting you physically.
Every year, we celebrate a long labor day weekend, and mostly take for granted the remarkable economic engine that employs 125.89 million Americans.
Recently, Forbes magazine tweeted a number of Labor Day statistics that will probably surprise you.
It would seem obvious that companies that do well—enjoy better profits and deliver higher returns to their shareholders—would pay their CEOs more, while companies that didn’t fare as well would pay less.
It would also be wrong.
According to the Student Loan Marketing Association (more commonly known as Sallie Mae Bank), the average tuition, room and board at a private college comes to $43,921. Public tuition for in-state students at state colleges amounted to $19,548, with out-of-state students paying an average of $34,031.
How are parents and students finding the cash to afford this expense?
The White House Council of Economic Advisers has released a report showing a long-term decline in the share of American men ages 25-54 who are participating in the labor force (see first chart), to the point where the U.S. now has one of the lowest male labor force participation rates in the world (see second chart).
You’ve probably heard that the Bureau of Labor Statistics (BLS) Employment Report for the month of May was disappointing. Economists who follow job growth in the U.S. economy were expecting 123,000 new jobs to be created. The actual number, according to the BLS, was 38,000—the smallest gain since September of 2010.