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Economy Troubles

City Life

If You’re Not Angry About Hunger in Philly, You May Be Soon

Sunday’s Philadelphia Inquirer story about the city’s feuding food charities provides plenty of reasons to get mad as hell, but possibly not the ones that […]

City Life

These 5 Charts Tell You Everything You Need to Know About Philly’s Shrinking Middle Class

The indispensable PEW Charitable Trusts have released a big report on the decline of the middle class in Philadelphia. Here are five charts to help […]

City Life

Princeton Raises Tuition to…a Lot of Money

Princeton is raising its tuition by 4.1% this year to $41,820. Tack on $13,620 in room and board, and that’s a lot of money for a […]

City Life

Pennsylvania’s Unemployment Rate Is Down, But Only Because You’ve Given Up on This Failed Economy

Philadelphia Business Journal reports that Pennsylvania’s unemployment rate is the lowest it’s been in years—9.5 percent—but the Journal doesn’t quite understand why: “The Pew Charitable Trusts reports […]

City Life

CEO Santa: The Fattest of Fat Cats

In the past two years there has been a media onslaught against some of America’s most iconic brands, much of it fueled by unions trying […]

City Life

Baby Boomers: Five Reasons They Are Our Worst Generation

Wow, so it looks like we have a budget deal in Washington. A debt ceiling and spending crisis has been averted. It’s good news. But […]

City Life

From Collingswood Cash to Ardmore Dollars, Local and Alternative Currency is All The Rage

You’ve got to love American resourcefulness. If the economy fails, if the dollar bottoms out, what do we do? Hey! Let’s make our own money! […]

Jobs on a puzzle piece
City Life

National Unemployment Rate Lowest in 5 Years

Today the Dep. of Labor announced the results of its monthly jobs report. Normally this is an occasion of mind-numbing tedium, celebrated by a couple […]

City Life

Guess Who Wants to Write Government Checks to Poor People?

Good news! After more than a generation of the rich getting richer while the poor and middle class have been left behind, conservatives are starting […]

City Life

“Black Friday” Was Flecked With Shades of Gray

NBC 10 reports that stores opening on Thanksgiving Day this year may have cut into their “Black Friday” sales.

City Life

Archdiocese Freezes Pensions for Lay Employees

The Inquirer reports: “The Archdiocese of Philadelphia plans to freeze the traditional pension for about 8,500 parochial school teachers, church office workers, and other lay […]

City Life

Philly Gets Richer, its Suburbs Get Poorer, and the Middle Class… Vanishes?

Something that hasn’t yet sunk into the regional psyche has surfaced in the local media: Philly is getting richer and its suburbs poorer. That’s a […]

Chart of Philadelphia region from opportunityindex.org
City Life

“Opportunity Index” Ranks Philly, ’Burbs for Social Mobility

In the decades since the term was first coined – in the preface of a 1931 book by historian James Truslow Adams – the notion […]

PA Governor Tom Corbett
City Life

Pennsylvania’s Economy is as Lousy as You Think It Is

In what is probably very bad news for Gov. Tom Corbett, a new study suggests that Pennsylvania’s economy is … not good.

City Life

Philly Venture Capital Investments Hit an 18-Year Low This Week

Philly’s venture capital investment is hurting, having this week hit an 18-year low according to statistics released this morning. Philadelphia Business Journal breaks down the […]