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1. Make a Realistic Budget before Moving There have been numerous individuals who have fallen in love with the idea of living and working abroad as an expat only to return home in less than a year due to financial issues. A common theme with many of these people is failing to make a realistic…

Understanding the Unemployment Numbers
Once a month the Bureau of Labor Statistics (BLS) publishes a report on the state of unemployment in the United States. The major news organizations scan through the report highlights looking for “the unemployment rate” so that they can announce it to their loyal audiences. The number which the BLS promotes as “official” unemployment rate…

The Unintended Consequences of Higher Wages for Fast Food Workers
The Service Employees International Union (SEIU) is engaged in a major campaign to increase membership by unionizing the employees of “fast food” restaurants. As part of this effort, it is providing staff, training, and funding for activists who are promoting an increase of the Federal Minimum Wage by either 50% or 100%. This increase would…

Welcome to Part-Time America!
The US government works very hard… at making themselves look good. One of the ways they do this is to represent truly horrifying data in the best possible light. The number which seems to be manipulated more than any other number is the “official” unemployment rate — the headline rate which the government touts in…

Are Illegal Immigrants Hurting the US Economy? 3 Facts that may Surprise You
Jobs and Wages It is often said immigrants take US jobs away from US citizens and that their inexpensive labor suppresses wages. In actuality, the opposite is true. Economists have found that immigration does not lead to a sizeable decrease in wages, and may actually increase wages and lower prices in the aggregate. The reason…