economy

Life after the recession
8:17 pm
Sun January 26, 2014

Former Go! Network Leader Is Now Walking The Walk Through Her Own Career Transition

Roni Chambers
Credit Provided by Roni Chambers

Roni Chambers, who led the now-shuttered GO! Network, is practicing what she used to preach to white-collar professionals who turned to her nonprofit for help after they lost their jobs during the Great Recession.

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Sen. Roy Blunt
1:36 pm
Sat January 25, 2014

Blunt Offers State of the Union 'Prebuttal'

Sen. Roy Blunt (R-MO) delivers a preemptive response to President Obama's 2014 State of the Union
Credit St. Louis Public Radio

U.S. Senator Roy Blunt of Missouri says President Obama has "a lot of explaining to do” in his State of the Union address Tuesday.

Blunt offered a preemptive rebuttal to the speech in the GOP’s weekly radio address Saturday, saying Americans are suffering under unnecessary regulation and lackluster job creation.

Obama is expected to call for a “Year of Action” on poverty, but Blunt calls the focus on income inequality “more of the same.”

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Forecasts
9:06 pm
Sun December 29, 2013

Commentary: Temper The Economic Optimism For 2014

Credit dleafy | sxc.hu

The end of the year is always a time to take stock of what has transpired during the past year and what is likely to happen in the one about to begin.  Let’s do so by considering several key economic measures.

Economic expansion limped along for another year.  Gross Domestic Product (GDP), adjusted for inflation, is the best measure of the economy’s total output. It increased this year, but not nearly as fast as many would hope, especially three years out form the end of the Great Recession.

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Economy
6:38 am
Mon October 14, 2013

Financial Bloggers Gathering In St. Louis For #FinCon13

(via Flickr/Tracy O)

A financial blogger conference now known as #FinCon13 will be in St. Louis Thursday through Sunday.

It was founded in 2011 by blogger Philip Taylor, who also writes PT Money.

He spoke with St. Louis Public Radio’s Maria Altman about why he wanted to bring bloggers together.

Taylor said #FinCon13 will have good attendance from the St. Louis area including some local bloggers and online entrepreneurs:

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St. Louis on the Air
4:05 pm
Tue October 1, 2013

Discussion: What Impact Will The Government Shutdown, Debt Ceiling Have On The St. Louis Economy?

A view of the Arch at night.
(Via Flickr/Mandalit)

Hundreds of thousands of government employees went on furlough today, as the federal government began a partial shutdown. Thousands of those employees live and work in the St. Louis region. Meanwhile the debt ceiling deadline looms.

What kind of economic impact will the shutdown and debt ceiling have on the St. Louis region?

St. Louis on the Air host Don Marsh spoke with economist Howard Wall, Colonel Kyle Kremer, Commander of the 375th Air Mobility Wing at Scott Air Force Base, and St. Louis Beacon reporter Jason Rosenbaum to find out.

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Regional employment
3:42 pm
Tue July 2, 2013

Unemployment Rate Remains Steady In St. Louis Region

via Flickr/KellyB.

The unemployment rate in the St. Louis area remained slightly below the national average in May, but a local economics professor says the story behind that number isn’t good news.

The Bureau of Labor Statistics released the non-adjusted data today. That means it does not take into account predictable seasonal changes.

The 7 percent unemployment rate for the St. Louis area is an improvement from May 2012, and far below the peak unemployment rate of 10.4 percent in 2009.

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Features
5:00 am
Mon June 24, 2013

STL Can't Survive On 7.35 - Did The Campaign Bring About Change?

Supporters of the "STL Can't Survive on $7.35" fast food campaign march down Lindell Boulevard on May 9.
Credit Erin Williams

This spring, fast food workers from across the country began banding together and rallying for better wages, fair treatment, and a healthier workplace. The movement began to swell, and in May the ‘STL Can’t Survive On 7.35’ campaign hit the region. Employees staged walkouts, passed out flyers, and marched the street in an effort to educate the public and command attention. The idea of protest may seem initially enticing, but is it worth risking your job?

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Economy
4:00 am
Mon June 10, 2013

Report: STEM Jobs Make Up Big Part Of St. Louis Region’s Economy

Credit (Flickr Creative Commons User Daniel Leininger)

Jobs that require at least some STEM, or science, technology, engineering and math, knowledge make up a big chunk of the St. Louis region's economy. 

That’s according to a new report from the Brookings Institution. 

Usually, researchers consider a plant scientist or electrical engineer as someone with a STEM job.

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Economy
1:08 pm
Fri March 22, 2013

Old North Grocery Co-Op In Need Of Volunteers For Store's Survival

The Old North Co-op carries a variety of food and dry goods from centrally located vendors. The grocery store is currently trying to figure out how to make their funds last.
Credit Erin Williams

After only two years of doing business in north St. Louis, the grocery store known as the Old North Grocery Co-Op may soon close down.

Store manager Jill Whitmann says re-vamping the co-op’s business model to rely primarily on volunteers will help shore up more funds before the end of May, when the budget will tighten.

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Immigration and Innovation
6:42 pm
Wed October 17, 2012

Study Shows Immigration May Boost St. Louis Economy

About 300 people rallied outside the Mo. Capitol against two immigration-related bills. A study says immigrants could be crucial to growth in St. Louis.
(Marshall Griffin/St. Louis Public Radio)

A Saint Louis University economist thinks he has found a key to growth for St. Louis.

Professor Jack Strauss presented his findings this afternoon from an economic study that shows a direct correlation between an increasing immigrant population and economic growth. The study was originally released in June.

He says he thinks it is likely that the city’s economic slump is partly due to a dwindling number of immigrants living in the area. Four and a half percent of St. Louis’ population is foreign. In other large cities, that number is closer to 18 percent.  

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