Stronger hiring last year, rising wages and upcoming tax cuts lead those who read the economic tea leaves to be cautiously optimistic that 2018 could reward southwestern Pennsylvania with the largest increase in job growth in five years, finally shaking the malaise that works to contract the local labor force, send residents packing…

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  • Issue Quarter Spring
  • Issue Year 2018
  • Sub Heading Greater Pittsburgh is primed for long-​overdue job growth
In the summer of 2013 a remarkable event occurred in the publishing industry. A challenging, 685-​page economic text written by an obscure French economist and published by an academic press became an overnight best seller.

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  • Issue Quarter Between the Issues
  • Issue Year 2018
  • Sub Heading On r > g
“All is flux, nothing stays still.” –Heraclitus (540480 BC). China in 2017 only vaguely resembles the China I described in a 2006 overview for Pittsburgh Quarterly. Few countries have ever changed so much in such a short period. Sit back, because it is time to rethink what you need to know about today’s…

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  • Issue Quarter Spring
  • Issue Year 2017
Greater Pittsburgh’s economy is in a precarious situation to start 2017. The seven-​county region’s unemployment rate rose sharply through the second half of 2015, nearing 6 percent — a level not seen since 2014 when the recovery was just gaining real momentum. Prior to the 2008-​09 recession, Pittsburgh’s unemployment rate mirrored national trends for 20

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  • Issue Quarter Spring
  • Issue Year 2017
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