Tag Archives: economic

Reforms in foster care showing good results – children in foster care drops for 6th straight year

The number of U.S. children in foster care has dropped for the sixth straight year, falling to about 400,000 compared to more than 520,000 a decade ago, according to new federal figures demonstrating the staying power of reforms even amid economic turbulence.

The drop results primarily from a shift in the policies and practices of state and county child welfare agencies. Many have shortened stays in foster care, expedited adoptions and expanded preventive support for troubled families so more children avoid being removed from home in the first place.

The average length of stay in foster care has been reduced by more than 10 percent since 2002, according to the report. The mean stay is now 23.7 months.

Of the children in foster care as of Sept. 30, 52 percent were boys. Twenty-one percent were Hispanic, 27 percent black and 41 percent white; 104,236 of them were available for adoption.

 

Source: The Washington Post - Number of children in foster care drops for 6th straight year, to 400,000, despite hard times

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Chart – 21st century has already created more goods than previous 1,900 years


 

  • In the first decade of the 21st century, the population of the world produced more economic output than in the first 19 centuries of the common era combined.
  • If people do make history, then two people make twice as much history as one. Since there are almost 7 billion people alive today, it follows that they are making seven times as much history as the 1 billion alive in 1811.
  • Measured in years lived, the present century, which is only ten years old, is already “longer” than the whole of the 17th century.
  • Over 23% of all the goods and services made since 1AD were produced from 2001 to 2010, according to an updated version of Angus Maddison’s figures.
  • 55% of all goods and services were made in the 20th century.

 
via - The Economist – Two thousand years in one chart, More 2,000 years in a single graphic

North America poised to once again dominate world economic growth

The Economist published a barometer of world business according to 1,500 senior executives. It’s a complicated graph but very interesting because it shows North America will once again lead the world out of trouble.

Read it as follows, “Balance of respondents expecting:”

  • global business conditions to improve (let side)
  • their companies to have more employees in a year’s time (right)

On both sides North America leads the way with improving business conditions and new hirings.

“In North America more executives are bullish than bearish for the first time in a year. On jobs, the balance of firms expecting to hire over the next year has increased in all regions.”

 

 

via The Economist – Daily Graph

New corporation type – B Corporation – for sustainable “benefit corporation”

B Corporations are a new kind of company that uses the power of business to solve social and environmental problems. (It’s like a LEED certification or Fair Trade certification, but for a business, not just a building or a bag of coffee.) B Lab, a non-profit, describes the B Corporation movement like this:

When you support a B Corporation, you’re supporting a better way to do business. Governments and nonprofits are necessary but insufficient to solve today’s most pressing problems. Business is the most powerful force on the planet and can be a positive instrument for change.

To read more about B Lab and the B Corporation movement, take a look at this companion post.

B Lab provides a rigorous independent third-party framework for assessing how you’re doing as a business when it comes to employee, community, and environmental interests. Etsy has gone through the assessment and we learned so much about what we are doing right and where we can improve. After successfully completing the independent B Lab assessment, we are proud to announce that Etsy is now a Certified B Corporation™. There are over 500 certified B Corps but Etsy will be among the biggest, along with mission-driven companies like Patagonia and Seventh Generation.

I think becoming a Certified B Corporation is one of the most important things Etsy has ever done. It helps us keep an eye on the “mindful, transparent, and humane” values we aspire to, and also keeps us focused on our intention to “plan and build for the long-term,” not just when it comes to Etsy but for the world at large. Like other Certified B Corporations, B Lab is publishing our scores from the assessment. In being transparent, we are openly challenging ourselves to continually improve how we impact the world with our company. Like most businesses, we are imperfect, but we are publicly committing ourselves to upholding our values and grading ourselves for the long-term. This is how we hope to make a better world and inspire other companies to do the same.

via – Etsy News

 

Etsy’s score – 80.1

Patagonia’s score – 107.1

Seventh Generation’s score – 116.3