Andy Aoki

Aoki noted that visitors to the United Kingdom may benefit from the devaluation of the pound, but Britain’s unexpected political move also had far-reaching negative effects on financial markets around the globe.

“If you’re going this summer, you’ve kind of hit the lottery because the pound doesn’t look to recover much in the near future,” Aoki told reporter Rachel Slavik.

Economic and immigration issues were in the spotlight as the British debated whether or not to pull out of the European Union, and Aoki also provided Slavik with background on how these issues are influencing the 2016 presidential campaign in the United States.

Watch, “” on the WCCO website.

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“Because we’re a diversified economy, we will keep trudging along at a lukewarm pace and eventually the labor shortages will happen and employers will raise wage rates more in order to get good workers,” Boeh said. “I think we are OK.”

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Earlier this week, she joined Louis Johnston, a professor of economics at the College of Saint Benedict and Saint John’s University, on MPR’s “” for a conversation about U.S. and Minnesota economics in the new year. The professors discussed the apparent discrepancies between stock market losses coinciding with higher employment rates. Boeh points out that while the overall employment rates are rising, some groups, such as African-American Minnesotans, have seen employment rates drop.

Listen to the MPR interview (.mp3.

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Jeanne Boeh

In light of the layoffs – a result of the closing of all Canadian Target stores – Boeh said there is hope for the close to 550 out-of-work employees.

“If you’re going to be laid off, now is a good time because jobs are picking back up,” she said.

To read the story, visit the Star Tribune news site.

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On April 18, Augsburg College professor of economics Jeanne Boeh joined Star Tribune business columnist Lee Schafer and American Public Media correspondent Chris Farrell in a business panel discussion on Almanac, a Twin Cities Public Television (TPT) program. On the public affairs show, the panel discussed local and national economic issues ranging from the housing market and social security to employee compensation and inflation. Watch the segment on the TPT website.

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Travelers EDGE (Empowering Dreams for Graduation and Employment), seeks to increase the pipeline of underrepresented students to college, help them to graduate, and build awareness of careers in the insurance and financial services industry. This year was Augsburg’s second year as the recipient of a Travelers EDGE grant.

Travelers EDGE scholars are graduates of a high school in the St. Paul Public School District and full-time undergraduate students enrolled in the Day program at Augsburg. Students must remain in good academic standing with a minimum GPA of 2.5, demonstrate financial need, and express an interest in exploring careers in business, financial services, economics, computer science and related fields.

While in the program, students work with career coaches, communicate with a professional mentor at Travelers, and participate in financial literacy programming. Augsburg is one of 12 colleges in the U.S. participating in the Travelers EDGE program.

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