Quality of Life Indicators in Context by Hazel Henderson
Global Current Issues: April 2017
Total US nonfarm payroll employment in March added only 98,000 jobs while downward revision in February fell from 235,000 to 219,000 and in January from 238,000 to 216,000. In 2016, job gains totaled 2.2 million. In the first 3 months of 2017 job gains averaged 178,000 per month. A strong ending to the Obama presidency contrasts with the incoming Trump team. The labor force participation remains at 63.0%, as people returned to looking for jobs, with the unemployment rate fell to 4.5%, but 8.0% for African Americans. GDP increased at an annual rate of 3.54% in the third quarter of 2016, slowing to 2.1% in the 4th Quarter. Labor market statistics are notoriously subject to revision. The number of unemployed declined ...
The Global Boom in New Indicators
The perennial debate over whether income is a good measure of development continues. Today there is wide agreement that many other measures besides per-capita income are needed for measuring overall progress, from health and education to environmental quality as GlobeScan Surveys show, first by Ethical Markets Media in conjunction with the European Parliament’s Beyond GDP conference November 2007, by Ethical Markets in 2010 and by Ethical Markets with the ICAEW and Tomorrow’s Company in 2013 (www.Globescan.com and www.beyond-gdp.eu). The European Commissions’ Conference Beyond GDP in November, 2007, shows a new level of official interest. Britain’s New Economics Foundation released its Happy Planet Index following all the publicity around Bhutan’s efforts to measure Gross National Happiness (GNH) in that Buddhist ...