Monthly Archives: November 2021

Does America Care Again?

Financial FAQs PEW Research The American Rescue Plan, The Infrastructure Investment and Jobs Act, and the soon to pass Build Back Better Plan show that the American ‘can do’ spirit is alive, the innate generosity and optimism that is so … Continue reading

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Why are So Many Quitting?

Popular Economics Weekly Calculated Risk Several headlines last Friday screamed 4.4 Million Workers Quit Their Jobs, as if that was the most important takeaway from the Labor Department’s October JOLTS report. But there were also 6.5 million hires (dark blue … Continue reading

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Where are the Truck Drivers?

Financial FAQs @PaulKrugman If one picture can save 1,000 words, then maybe Nobel Laureate Paul Krugman’s citing of the huge decline in average hourly wages of Production and Non-supervisory Employees in Transportation and Warehousing since the 1970s goes a long … Continue reading

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“It’s the COVID Pandemic, Stupid!”

Financial FAQs FREDcpi Why the supply-chain bottlenecks and soaring inflation? “It’s the COVID pandemic, stupid.” say many economists. President Biden’s $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) was passed just in time to slow the inflation climb and make … Continue reading

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Payroll Employment Roars Back

Popular Economics Weekly MarketWatch Who said the labor shortage is holding back job gains? Not for the moment. It looks like the roaring 2020s are beginning to roar in earnest this fall as we slowly exit the pandemic. Total nonfarm … Continue reading

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Manufacturing, Service Sector Growth Prolong Recovery

Financial FAQs FREDmanufacturing U.S. manufacturing and service sector activity continued to climb, despite the price hikes and supply bottlenecks. And we are just at the beginning of the holiday shopping season. Both economic sectors per the ISM supply managers’ indexes … Continue reading

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