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Millennials Outnumber Baby Boomers and Are Far More Diverse, Census Bureau Reports

Thu, 2015-06-25 10:21

Millennials, or America’s youth born between 1982 and 2000, now number 83.1 million and represent more than one quarter of the nation’s population. Their size exceeds that of the 75.4 million baby boomers, according to new U.S. Census Bureau estimates released today. Overall, millennials are more diverse than the generations that preceded them, with 44.2 percent being part of a minority race or ethnic group (that is, a group other than non-Hispanic, single-race white).

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Five Ways the Department of Commerce Exhibits Leadership in Innovation

Thu, 2015-06-25 09:19

Through its 12 bureaus, the Department of Commerce creates the conditions for economic growth and opportunity on both a domestic and global scale. As the voice of business in the President’s Cabinet, Secretary Pritzker has spearheaded the Department of Commerce’s “Open for Business Agenda” Strategic Plan and focused on five strategic goals: trade and investment, innovation, environment, data and operational excellence.

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In Pictures: The First Lady’s Trip to the U.K. and Italy

Wed, 2015-06-24 17:35

Ed. note: This is cross-posted on the First Lady's Medium account. See the original post here.
Last week, the First Lady headed to the U.K. and Italy on a trip that took her from talking to girls about their education, to helping share tips for healthy living at the Expo, to visiting with our military families stationed abroad.

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Third Estimate of GDP for the First Quarter of 2015

Wed, 2015-06-24 09:30

Real GDP for the first quarter was revised up this morning, reflecting slightly higher growth in personal consumption, private investment, and government expenditures than previously estimated. The small first-quarter decline in overall GDP was driven by a number of factors including harsh winter weather and tepid foreign demand. However, the combination of consumption and investment—the most stable and persistent components of output—continued to rise at a robust year-over-year pace.

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Business Liability Insurance: It’s Not One Size Fits All - Tips for Choosing the Right Coverage

Wed, 2015-06-24 00:00

Starting a small business is not a one size fits all-process. However, one best practice that all small businesses should consider is liability insurance. It’s no surprise that most of the...

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An Opportunity to Fight Poverty and Stand Up for Workers Through Trade

Tue, 2015-06-23 18:28

For decades, we’ve fought to secure a series of trade programs that have delivered results at home and around the globe.  This week, Congress will consider whether or not to continue these programs that help bring people out of poverty, create new opportunities for developing countries to grow, and help retrain American workers who have lost their jobs through no fault of their own.

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Trip to Brazil Provides Important Recommendations for Improved Trade Relations

Tue, 2015-06-23 17:31

Last week, I had the pleasure of traveling to Brazil and meeting with government officials and business leaders to discuss a prosperous economic future between our two countries. During the visit, we fostered an open dialogue that I believe will open doors for a stronger partnership in trade and investment for many years to come.
 

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President Obama Hosts a Ramadan Iftar Dinner at the White House

Tue, 2015-06-23 16:20

Yesterday evening, President Obama hosted an Iftar dinner celebrating the Muslim holy month of Ramadan at the White House.

President Barack Obama hosts an Iftar dinner celebrating Ramadan in the East Room of the White House, June 22, 2015.

(Official White House Photo by Lawrence Jackson)

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Day One: My Family’s Journey to Refuge and Achieving the American Dream

Tue, 2015-06-23 14:25

June marks Immigrant Heritage Month -- and people across the country are sharing their American stories. Whether you've recently embarked on your first day as an American or want to share how your ancestors came to arrive here, we want to hear from you. Add your voice to the conversation today.

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By the Numbers: #RaiseTheWage

Tue, 2015-06-23 13:54

Since 2013, President Obama has been calling on Congress to raise the federal minimum wage. Under the Fair Labor Standards Act, the minimum hourly wage an employer must pay an employee for work is currently $7.25. While Congress has not moved to increase the federal minimum wage, many states, cities, and business owners have heeded the President’s call to action by raising their minimum wages to well above the federal standard. 

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