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Frozen ginger slushies, tea-based pro-biotic drinks, a bed bug-killing steam machine -- these are just a few of the locally-grown products coming out of Brooklyn’s burgeoning artisan economy. But as popular as these start-ups may be, are they generating more jobs? Economics correspondent Paul Solman takes a look at some of these businesses and the challenges of carving out one’s own career.
Key concepts
Decision Making, Entrepreneur, Financial Risk, Human Capital, Human Capital Investment
Rating
Grade9-12
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Robotic technology is increasingly infiltrating our everyday world, and as robots become more capable of human labor, people will likely have to develop new skills for new jobs. Economics correspondent Paul Solman talks to Erik Brynjolfsson and Andy McAfee, who argue in their new book, "The Second Machine Age," that we are facing a radical new industrial revolution.
Key concepts
Human Capital Investment, Human Resources, Incentive, Innovation, Inventors, Productivity, Standard of Living
Rating
Grade9-12
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Just 113,000 new jobs were added in January, according to the Labor Department’s monthly employment report. The numbers failed to meet expectations, but the unemployment rate nevertheless ticked down to 6.6 percent. Economics correspondent Paul Solman deciphers the numbers with Justin Wolfers of the Brookings Institution.
Key concepts
Discouraged Workers, Economic Growth, Employment Rate, Labor Force, Unemployment
Rating
Grade9-12
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Juggling multiple part-time jobs, earning little-to-no benefits, depending on public assistance: This is the financial reality for many adjunct professors across the nation. Economics correspondent Paul Solman looks for the origins of this growing employment trend at colleges and universities.
Key concepts
Human Capital, Human Capital Investment, Human Resources, Labor Market, Standard of Living
Rating
Grade9-12
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Economics correspondent Paul Solman profiles Chris Martenson, a former science professional who gave up his large home and high-status job for life in rural Massachusetts. From there he began expressing his deep dissatisfaction with the way the U.S. economy works and garnered a growing following on his website, Peak Prosperity.
Key concepts
Future Consequences, Natural Resources, Resources, Standard of Living
Rating
Grade9-12
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The December jobs report showed a gain of just 74,000 jobs, while the drop in unemployment was due largely to people leaving the workforce. Economics correspondent Paul Solman reviews the numbers and Judy Woodruff talks to Dean Baker of the Center for Economic and Policy Research and Robert Shapiro of Sonecon. AIR DATE: Jan. 10, 2014
Key concepts
Employment Rate, Labor Force, Labor Market, Unemployment, Unemployment Rate
Rating
Grade9-12
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Want to have a just-like-real-life fantasy experience without leaving your living room? Virtual reality technology is already employed by certain industries, but economics correspondent Paul Solman considers the variety of applications it could have in the consumer market in the future.
Key concepts
Entrepreneur, Entrepreneurship, Innovation, Inventors, Technological Changes
Rating
Grade9-12
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Since the financial crisis of 2008, the Federal Reserve has created trillions of dollars to buy Treasury and mortgage-backed bonds. When is the right time for the Fed to begin slowing down their assistance? Economics correspondent Paul Solman examines how the Fed's buying has impacted the economic recovery.
Key concepts
Federal Reserve, Monetary Policy, Money Supply, Open Market Operations, Recession

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