05/10/2018: Who in the world is doing better than their parents?
(Markets Edition) A new report from the World Bank finds that not many people are in much of the developing world, where upward mobility has stalled for the past 30 years. The U.S. isn't doing all that well either -- they fall smack in the middle of a list of 140 countries when it comes to the possibility of climbing the socioeconomic ladder. In slightly more positive economic news, low unemployment has us in a tight labor market. But it may also be some of the job searching technology that is prolonging the time it makes companies to make hires. Plus, we go to Leavenworth, Kansas, where we explore why many active duty members of the U.S. military don’t have enough food to feed their families.
(Markets Edition) A new report from the World Bank finds that not many people are in much of the developing world, where upward mobility has stalled for the past 30 years. The U.S. isn’t doing all that well either — they fall smack in the middle of a list of 140 countries when it comes to the possibility of climbing the socioeconomic ladder. In slightly more positive economic news, low unemployment has us in a tight labor market. But it may also be some of the job searching technology that is prolonging the time it makes companies to make hires. Plus, we go to Leavenworth, Kansas, where we explore why many active duty members of the U.S. military don’t have enough food to feed their families.
