As we kick off 2016 here at No Nonsense Economics it’s the perfect time to give a nod to the ‘official’ start of the presidential election year. This week’s Iowa caucus has once again raised eyebrows – and hackles. The amount of time and money candidates spend in this small mid western farm state is truly astonishing—not to mention the time and money spent by media organizations that…

It’s that time of the year again. Not the holiday shopping season—I’m referring to the rampant speculation over what might happen at the next bi-monthly Federal Reserve (Fed) board meeting on December 15 and 16. The amount of press devoted to these meetings and their outcomes is astonishing—almost as intense as the level of guesswork over what one of the Kardashians will wear to their next Hollywood event.…

As the tech sector continues its robust expansion, concern over whether the economy is in another bubble and speculation about when the next recession will hit, has deepened. However, today’s much more prescient question is how we cope with and maintain the growth the nation continues to experience. How do we meet our growing demand for labor? The recent release of the Job Openings and Labor Turnover survey (JOLTs) by…