Economy Tag

June Adds 850K Jobs, But Unemployment Rate Went Up and Labor Participation Didn’t Budge

Posted by Mary Chastain on July 02, 2021 10 Comments

No one is returning to work as the economy opens up. It's great we have more jobs, but it means nothing if no one applies and hired....

People Dropping Off Unemployment Rolls in States Ending Fed Benefits

Posted by Mary Chastain on June 28, 2021 18 Comments

"The number of workers paid benefits through regular state programs fell 13.8% by the week ended June 12 from mid-May—when many governors announced changes...

Prices in May Rose 3.4% Compared to a Year Ago, But Spending Went Flat

Posted by Mary Chastain on June 25, 2021 26 Comments

We should always hate inflation, but is anyone surprised since we went through a year filled with shutdowns? We're on a bumpy road. ...

Undergraduate Enrollment Way Down Compared to Last Year

Posted by Mike LaChance on June 13, 2021 14 Comments

"There was an increase in grad students, by 124,000 students, which cushioned the blow."...

Business Owners in Baltimore Threaten to Withhold Taxes Over Rampant Crime

Posted by Mike LaChance on June 11, 2021 34 Comments

Frustrated business owners in Baltimore are tired of rising crime and are becoming increasingly concerned about the safety of their employees and customers. Dozens of them are now telling the city to do its job, or they won't pay city taxes and fees.

Chipotle Hikes Prices by 4% to Cover Higher Employee Wages

Posted by Mary Chastain on June 09, 2021 25 Comments

Businesses have been paying more for supplies and raised hourly pay to entice people to return to work. Therefore, menu prices went up....

May Added 599K Jobs, But Saw Little Change to Labor Participation Rates

Posted by Mary Chastain on June 04, 2021 14 Comments

The economy saw 559,000 more jobs in May and a drop in the unemployment rate. However, economists predicted 671,000 jobs, and the unemployment rate likely fell due to a surplus in jobs.

Los Angeles Homeless Camp Costs Taxpayers $2,600 Per Tent

Posted by Mike LaChance on May 28, 2021 25 Comments

The city of Los Angeles is trying to deal with its massive homeless problem by making tents available for those in need. The problem is the ridiculous monthly cost of over $2,600 per tent. Couldn't you put people into apartments for less than that?

Steelworker Union Begs Biden to Keep Trump Tariffs in Place

Posted by Mike LaChance on May 21, 2021 37 Comments

Trump was an outstanding president for labor, a fact for which he receives little credit. Many labor union members backed Trump, but the bosses are in bed with the Democrats and backed Biden. Now the Steelworkers Union is asking Biden to keep Trump's tariff on foreign steel in place.

Conservative Activists Target ‘Woke’ Corporations With New Ad Campaign

Posted by Mike LaChance on May 20, 2021 11 Comments

In the wake of corporations siding with the 'woke' left this year, a conservative group is pushing back with a new ad campaign that targets companies like Coca-Cola and American Airlines. The ads suggest that the political posturing of these companies is a deliberate attempt to hide their failures from stakeholders.

https://www.youtube.com/watch?v=5Qma8LHQlrA

Inflation Spikes as Consumer Prices Soar by 4.2% in April

Posted by Mary Chastain on May 12, 2021 29 Comments

The Consumer Price Index (CPI) climbed in April by 4.2% as the economy begins to open up, causing a demand for supply. It's the biggest 12-month increase since 2008. The CPI "measures a basket of goods as well as energy and housing costs." In other words, it encompasses everything. All goods.

Stacey Abrams Spins Job Report: ‘Insufficient’ to ‘Focus on Traditional Masculine Areas of the Economy’

Posted by Mary Chastain on May 11, 2021 34 Comments

First of all, why is anyone asking Stacey Abrams about the April jobs report? Shouldn't she be governing Georgia? Oh, wait.

2020’s Pandemic Could Lead to 2021 Shortages Impacting Summer Plans

Posted by Leslie Eastman on May 10, 2021 27 Comments

The effects of 2020's Wuhan Virus pandemic have resulted in shortages that could impact American summer vacation plans.

Angry Residents Say Venice Beach ‘Crippled’ by Rampant Homelessness and Crime

Posted by Mike LaChance on May 09, 2021 39 Comments

The high cost of living and strict COVID policies are not the only reasons that California's population is shrinking. The state has a massive homeless problem. The famous neighborhood of Venice Beach has been overrun by homeless camps and the crime that comes with them.

https://www.youtube.com/watch?v=nxi4HQq9w50

California’s Population Drops for First Time Since Becoming a State 171 Years Ago

Posted by Mike LaChance on May 08, 2021 21 Comments

The population of the state of California has just dropped for the first time in history. All the reports we have heard for months about people fleeing the state have had a very real effect. Take a bow, Governor Newsom.

https://www.youtube.com/watch?v=lqjOZGD_9kA

Report: U.S. Government’s Debt-to-GDP Ratio Now Worse Than Greece Before the 2008 Crash

Posted by Mike LaChance on May 07, 2021 33 Comments

Have you been alarmed by the size and speed of spending by the government over the last few months? Unfortunately, it's worse than you probably thought. When people start mentioning the nation of Greece in the same sentence as the United States, you should be worried.

Report: Colleges and Universities Have Cut 650,000 Jobs Since February of 2020

Posted by Mike LaChance on May 03, 2021 12 Comments

"Many of these jobs will never return as campuses struggle to identify efficiencies in the face of declining enrollment."...

Los Angeles Landlord Says He is Now Homeless Due to COVID Eviction Moratorium

Posted by Mike LaChance on April 30, 2021 23 Comments

As a result of the pandemic, millions of apartment renters have not paid any rent in months. In many places, they don't have to due to official freezes on rent and evictions. But what about the people who own these properties? Who is helping them?

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Economy Tag

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