Inflation is alive and well in America... Rosey Economy proclamations be damned..... U.S. consumer prices rose 5.7% over the past year, the fastest pace in 39 years, as a surge in inflation confronts Americans with the holiday shopping season under way. The November … [Read more...] about Consumer Prices keep going UP…..Dec. 2021
The economy
Unemployment claims drop to lowest rate since 1969…
Don't get excited .... These numbers will be readjusted for the Thanksgiving Holidays ... And? If you are out and about? You'll still see a lot of help wanted signs in the windows of stores big and small.... Things still ain't right.... Overall, just under 2 … [Read more...] about Unemployment claims drop to lowest rate since 1969…
Afghan Refuges to America follow up…..
The NY Times does a piece on the lives of Afghan refuges that are being resettled in America.... For some it will easy... For some not..... America has always been a place where waves of emigrants resettle and helps in bringing diversity to America... And with the … [Read more...] about Afghan Refuges to America follow up…..
4.4 million Americans quit their jobs in September ….
That IS a record number..... Some reasons... The Pandemic and it's collateral damage... Pay disparities .... Retirements.... Businesses have hired millions of American workers since April 2020, continuing to add employees even during a surge in coronavirus … [Read more...] about 4.4 million Americans quit their jobs in September ….
U.S. economy added 531,000 jobs in October….
This figure will be adjusted next month as the monthly figure's tend to be... And? It fits with the drop in virus cases and kids going back to school.... But? Consumer prices continue to rise.... The American economy added 531,000 jobs in October, the Labor … [Read more...] about U.S. economy added 531,000 jobs in October….
It’s the Economy…..
Almost everyday we see a piece about President Biden and the Democrats being in trouble.... The media answer is the pandemic.... Yup that IS an issue... But? The immediate acute everyday issue for more and MORE Americans is the increase in the cost of … [Read more...] about It’s the Economy…..
With Inflation rise Social Security monthly check’s to climb by almost 6%……
That's the annual cost of living adjustment recipients will see in their checks starting for 2022.... The Social Security Administration announced Wednesdaythat its beneficiaries will see a 5.9 percent increase in their benefit checks starting next year — the largest … [Read more...] about With Inflation rise Social Security monthly check’s to climb by almost 6%……
Job hiring falls in September…..
Help wanted signs are still in store windows.... Jobless benefits application have risen... With extra stimulus money gone? Some people did not go back to lower paying jobs.... With some eviction ban's gone some people just stopped paying rent to spend their money … [Read more...] about Job hiring falls in September…..