Quality of Life Indicators in Context by Hazel Henderson
Global Current Issues: January 2017
Total US nonfarm payroll employment in January rose by 227,000 after December’s rise of 157,000. In 2016, job gains totaled 2.2 million. A strong ending to the Obama presidency for the incoming Trump team. The labor force participation rose to 62.9%, as people returned to looking for jobs, with the unemployment rate at 4.8%, but 7.7% for African Americans. GDP increased at an annual rate of 3.54% in the third quarter of 2016, with the recovery still on track. Labor market statistics are notoriously subject to revision. The number of unemployed is 7.6 million people. There were 532,000 discouraged workers while the employment-population ratio rose to 59.9%. Markets rebounded in the USA after Trump’s victory and the “Brexit” vote by Britain ...
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 ...