The term “fiscal cliff” is becoming part of our vocabulary. However, whether or not we go over it, East Tennessee
Center for Business and Economic Research News
Tennessee has seen an 11.5 percent overall growth in population since 2000. The older population in the state also has increased 21.3 percent since then, outpacing the nation. These and other demographic trends can be examined through several free resources being offered to the media and interested residents by the State Data Center, based at UT.
The number of uninsured Tennesseans has dropped to its lowest total since 2008, according to a UT study released today. The rate of uninsured children increased slightly from last year, however, going from 2.4 percent to 2.7 percent, the report states. These findings are included in “The Impact of TennCare: A Survey of Recipients 2012,” prepared by UT’s Center for Business and Economic Research.
Despite having the third-fastest growing Hispanic population in the country, the size of Tennessee’s Latino population is still smaller than the national average. That’s according to a study recently released by UT’s Center for Business and Economic Research. The report examines the impact of Hispanic population growth on the state’s economy, labor force, education system, and social services sector.
Bruce Behn, a renowned UT accounting professor, has received the 2012 Beta Alpha Psi Business Information Professional of the Year award. He was one of three recipients to be honored this year with the national accolade.
CNN highlighted a recent UT study that shows students who plan on obtaining a four-year degree in college shouldn’t take five or six years to get it. The study, from the Center for Business and Economic Research, found that people who earned bachelor’s degrees within four years received, on average, higher wages than those who earned similar degrees within six years. Read the CNN story here.
The Wall Street Journal featured UT economics professor Bill Fox in this story about state and local fiscal burdens and
U.S. News and World Report has highlighted a recent study from UT’s Center for Business and Economic Research that confirms that persistence pays when it comes to higher education. The study shows that students who complete their bachelor’s degree in four years earned $10,000 more than non-completers seven years after entering college. Read the full story at U.S. News and World Report.
Going to college—and completing a bachelor’s degree in four years—pays off in dollars and cents. A study done by UT’s Center for Business and Economic Research, in cooperation with the Tennessee Higher Education Commission, has found that college students who earned their bachelor’s degrees within four years make higher salaries than those who took longer to complete their degrees.
Hopes for accelerated growth this year in the state and national economies “have been dashed,” due to the sluggish creation of jobs, according to a report by the Center for Business and Economic Research. But it’s not all bad news. The unemployment rate is steadily decreasing, jobs have been growing, the housing market continues to address its long-standing pressures, and the financial health of states has improved—all key indicators of economic recovery.