extreme poverty economic trends

Extreme poverty dropping rapidly around the world

Eric Garland DataLab

Good news from Oxford researcher Max Roser, who lightly chided the news media to frame a headline that could suggest that more than 100,000 people left extreme poverty yesterday alone.   Newspapers could have had the headline “Number of people in extreme poverty fell by 137,000 since yesterday” Every day in the last 25 years. pic.twitter.com/oKxco1oVHL — Max Roser (@MaxCRoser) …

solar PV renewable electricity production trend

Solar PV grew the fastest in adding electricity production to the grid

Eric Garland DataLab

Good news from the International Energy Agency: solar PV and renewables in general grew the most in 2016 in terms of adding to the electrical grid. Boosted by a strong solar PV market, renewables accounted for almost two-thirds of net new power capacity around the world last year, with almost 165 gigawatts (GW) coming online, according to the new report, Renewables …

Unemployed per job opening

Unemployed persons per job openings in the United States

Eric Garland DataLab

This trend in unemployment and job creation shows just how far the US economy has come since the crisis of 2008. We were heavily skeptical when the finance sector was crowing about how the recovery was roaring by 2010. This was clearly overstated. Today, however, combined with broadly positive economic data, it is clear that the job creation engine is …

St. Louis startup

St. Louis startup scene is America’s hottest

Eric Garland DataLab

The data journalists at FiveThirtyEight show that the St. Louis startup scene – alongside three other cities in Missouri – is actually the hottest in America right now, bucking the long slide of business startups since 1970. Why is St. Louis such a fertile field for new business? Real estate costs for workers and businesses is 25% less than the …