Consumed - Most Commented
What's the dumbest investment you've ever made?
The consumer economy isn't just about buying more and more stuff -- there's a flipside.
The more we spend, the less we have to save. That can make planning for the future -- keeping our lifestyle sustainable, in other words -- incredibly difficult.
We want to know: What's the dumbest investment you've ever made -- the one you've regretted the most?
Tell us by tweeting @MarketplaceAPM, posting on our Facebook page or leaving a comment below
By the Numbers: Consumed Day 3
The number of people working part-time jobs in the U.S. who'd like to be employed full-time. (BLS)
Median total debt of households with head of household under 35. That's down from $21,912 in 2007. (Pew)
The hourly federal minimum wage, as of July 2009. (Dept. of Labor)
Share of 25 year olds with student debt as of quarter 4, 2012. In Q4 of 2007, that figure was just 31%. (NY Fed)
The share of U.S. workers who are working part-time. When the recession began, that figure was 16.9 percent. It rose sharply in 2008 and 2009, and hasn't fallen much since then. (Economix)
By the Numbers: Consumed Day 2
The number of open credit card accounts in the U.S. as of March 2013 (NY Fed)
The average price of a designer shoe at Barney's in March, 2012. WAYYY back in the early 2000s, as referenced in Season 4 of Sex and the City, the price of pair of Manolo Blahnik's was $485. (Jezebel)
Debt as a share of disposable income in 2011. In 1956, that number was just 22 percent. (State of Working America)
Corporate profits after tax, in dollars, in the first quarter of 2013. (St. Louis Fed)
The amount General Electric stock went up during the tenure of CEO Jack Welch. (CBS News) Welch's 1981 speech titled 'Growing fast in a slow-growth economy' is often agreed on as the dawn of corporate focus on shareholder value. In 2009, with a few more years under his belt, he later refered to this focus on quarterly profits and share price gains as "the dumbest idea in the world." (Businessweek)
Average CEO pay in 2011 -- up 6 percent from the previous year. (by
Tell us: You know you have a good job when...
A whole lot of the American economy depends on consumers.
We hear over and over, consumers need to borrow more and spend more to help the economy recover, but many of the jobs being created today are part-time or temporary. When jobs become insecure, our spending is affected.
So we want you to fill in the blank: You know you have a good job when _____.
Tweet us @MarketplaceAPM, post on our Facebook page, or tell us in the comments below.