Quality of Life Indicators in Context by Hazel Henderson
Global Current Issues: June 2017
Total US nonfarm payroll employment in May rose by 138,000 while April was revised down to 174,000. March was revised down to only 50,000 jobs. 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 121,000 per month. A strong ending to the Obama presidency contrasts with the incoming Trump team especially after Trump’s decision to backslide on the Paris Climate agreement, see “Climate Risking the Trump Brand”. The labor force participation declined to 62.7%. People returned to looking for jobs, so the unemployment rate fell to 4.3%, but 7.5% for African Americans. GDP only 1.2% in the ...
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 ...