Lucretia Cardenas is the Editor of “Greater Fort Wayne Business Weekly” and joined Charly Butcher on “Fort Wayne’s Morning News” to talk about the stories in this week’s issue:
1)Shrinking middle class
Fort Wayne’s metropolitan statistical area was among 10 in the nation to see the greatest loss in economic status through the shrinking of its middle class between 2000 and 2014, according to a recent study by Pew Research Center.
2)Local nonprofits see proposal as a discussion starter
State and regional advocates for low income families are hopeful recent federal proposals will become more serious regulation of the payday loan industry. Brightpoint, Common Grace Ministries and the Institute for Working Families said the federal Consumer Financial Protection Bureau needs to regulate the industry and they saw room for that regulation to go beyond what the CFPB recently proposed.
3) Keeping the good employees going
Every company wants the best talent on its side, and with more people in the workforce now than ever before, finding those key hires is vital to a company’s success. The problem for many businesses is discovering a way to keep those valuable employees.