Quality of Life Indicators in Context by Hazel Henderson
Global Current Issues: May 2017
Total US nonfarm payroll employment in April increased by 211,000 with March’s 98,000 jobs revised downward to 79,000 and February’s 219,000 revised upward to 232,000. In 2016, job gains totaled 2.2 million. In the first 3 months of 2017 job gains averaged 174,000 per month. A strong ending to the Obama presidency continues as the Fed slowly increases interest rates. The labor force participation edge down to 62.9%. The unemployment rate fell to 4.4%, but 7.9% for African Americans and 5.2% for Hispanics. GDP increased at an annual rate of 3.54% in the third quarter of 2016, slowing to 2.1% in the 4th Quarter and down to 0.7% in 1st Quarter of 2017. Labor market statistics are notoriously subject to revision. ...
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 ...