Topic: McKinsey Global Institute

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US job market: Four ways to cut the unemployment rate

The McKinsey Global Institute has released a set of recommendations on how to create 21 million new jobs by 2020. Here's a look at the institute's core proposals.

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The Daily Reckoning
The US appetite for debt keeps growing

While the private sector is de-leveraging, the public sector is borrowing and spending more than ever.
Cover Story
In India, the challenge of building 50,000 colleges

To become an economic powerhouse, India needs to educate as many as 100 million young people over the next 10 years – something never done before.
A partnership to boost the US economy: business and higher education

With college tuition costs skyrocketing, and a dearth of skilled workers, American businesses worry they won't have enough educated employees to power their companies – and fuel economic recovery. Companies have begun to partner with colleges to meet a mutual demand.
Mitt Romney jobs plan: Can it create 11 million jobs in four years?

Romney's plan includes tax cuts, reduced regulation, and an emphasis on expanded free trade. But creating 11 million new jobs would require many things to go just right, economists say.
Unemployment, Inc.: Six reasons why America can't create jobs

UPDATE: No net growth in new jobs in August kept the US unemployment rate at 9.1 percent. Six reasons the country is struggling to put people to work – and why it may not last.
US job market: Four ways to cut the unemployment rate

The McKinsey Global Institute has released a set of recommendations on how to create 21 million new jobs by 2020. Here's a look at the institute's core proposals.
Commonwealth Games: Best and worst of times for India to attract foreign capital

India's private sector is strong, but the public sector's mismanagement of the Commonwealth Games may have tarnished the image of India as an investment opportunity, say economic analysts.
Difference Maker
After seeing Mumbai's slums bulldozed, he now works to save them

Crews once bulldozed thousands of slum homes in Mumbai, a metropolitan region of about 16 million people in India. Santosh Thorat sees a better way: Help residents fix them up.
How China will -- and won't -- change the world

China's astonishing urbanization could bring a new era of supercities, but its cultural norms probably won't eclipse American dominance.
Obama touts bright spot in the US economy: rising US exports

US exports are running 17 percent ahead of the same point last year. Looking beyond the troubled US jobs picture, President Obama says, 'This is where American jobs will be tomorrow.'
G8 needs to see Africa as an investment, not a charity case

Recent reports show the overall economy in Africa growing and reforming. Foreign investors are recognizing this. Foreign donors, such as the G8, must, too.
The rise of Japan’s new Prime Minister Naoto Kan, and lessons for China

Unless China shifts its policies toward more democracy and tends to the interests of the rising urban middle class, it risks ending up in the same cul-de-sac as Japan.
China confronts global warming dilemma

China, the world leader in both economic growth and carbon emissions, faces the dilemma of how to respond to the challenges of global warming while not harming its robust economy.
ECONOMIC SCENE: Why does healthcare reform founder?

Cutting costs would mean trimming pay for too many professionals.
In China, overambition reins in eco-city plans

Chongming Island’s planned community remains a gleam in the eye. But China is making progress on green design codes.
Ethical investing: Funds that favor planet savers

Global warming gains as a theme for investors. But the strategy carries real risks.
Ethical investing: Funds that favor planet savers

Global warming gains as a theme for investors. But the strategy carries real risks.
Business begins to see profit in going green

Investments in clean technology rises as companies find going green can be good for the bottom line.
Business begins to see profit in going green

Investments in clean technology rises as companies find going green can be good for the bottom line.