Dr. Akande: How Not Going Over the Cliff Has Helped

Posted: January 1, 2013
Published in: KTVI - Fox 2

(KTVI) - The last-minute deal from the Senate give hope the stalemate is over the 'fiscal cliff' won't be as disastrous for most Americans, but we are not out of the woods. Dr. Benjamin Akande, Dean of the Webster University School of Business explains how it can affect your wallet.

Labor Day Report

9/3/2012, (KTVI) – With the presidential election looming, this Labor Day is filled with questions about what’s next for the economy and the job market. Dr. Akande, Dean of the Walker School of Business and Technology explains the state of labor on Labor Day.  

US Employers Add 80,000 Jobs As Economy Struggles

(KTVI) – June’s job report is out. The U.S. Labor Department says 80,000 jobs were added last month. A gain of 125,000 to 150,000 jobs are needed to begin to climb out of this hole which is filled with 13 million unemployed Americans.

Dr. Benjamin Akande, the Dean of the Walker School of Business at Webster University explains.

Here’s the Associated Press Report:

WASHINGTON (AP) _-U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is struggling. The Labor Department says the unemployment rate was unchanged at 8.2 percent. The economy has added just 75,000 jobs a month in the April-June quarter. That’s one-third of 226,000 a month created in the first quarter. Job creation is also trailing last year’s pace through the first six months of 2012. A weaker job market has made consumers less confident. They have pulled back on spending, even though gas prices have plunged. High unemployment could shift momentum to Mitt Romney, the presumptive GOP presidential nominee. An Associated Press-GfK poll released last month found that more than halfof those surveyed disapproved of President Barack Obama’s handling of the economy.

The Stalled Economy

(KTVI) – The U.S. economy added 69,000 jobs last month, the smallest increase in a year. Meanwhile, unemployment increased 8.1 to 8.2 percent. More Americans are looking for work as manufacturing slows.Are we on the road to another recession? Dr. Benjamin Akande, Dean of the Webster School of Business explains.

College Tuition Continue To Rise

(KTVI) – The Cost of college tuition jumped 15% between 2008 and 2010, according to the Department of Education and last year, 40% of states cut higher education spending. Dr. Benjamin Akande, Dean of Business at Webster University joins Randi Naughton to discuss different options students and parents can look into to help them pay for college.

Good Prospects for Retailers

The National Retail Federation says 152 million bargain hunters will hit the stores this holiday weekend. Will this be the shot in the arm the US economy needs? Dr. Benjamin Akande, dean of business at Webster University, talked about the good prospects for this shopping season. Watch the video

United States Yard Sale

3-March-2011. KTVI - Fox 2 TV St. Louis. The Federal Government could save billions of tax dollars each year by removing duplicate programs, agencies and offices. That's according to the Government Accountability Office. It found 81 examples of redundancy in the government programs. Congress and the White House continue to debate the budget. Dr. Benjamin Akande from the Webster University's George Herbert Walker School of Business and Technology discusses.