Category Archives: Weekly Financial News

Has COVID-19 Made US Richer?

Posted on December 8, 2021 by Popular Economics Weekly

Financial FAQs FREDdisposalbleincome More Americans are richer, thanks to the COVID-19 pandemic, believe it nor not. The pandemic has spurred congress and the Biden administration to act as if we are coming out of another Great Depression. The U.S. is … Continue reading →

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Are We Nearing Full Employment?

Posted on December 3, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk Are we nearing full employment, at least among of those that want to return to work? That may be a strange question to ask when the just-arrived Omicron COVID variant is creating more uncertainty about … Continue reading →

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Americans are Returning to Work

Posted on December 1, 2021 by Popular Economics Weekly

Financial FAQs FREDselfemployed Why aren’t more Americans returning to their old jobs? Many are becoming self-employed, thanks to the pandemic that encourages more work from home, and the Internet with its many marketing opportunities. The Wall Street Journal reports that … Continue reading →

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Does America Care Again?

Posted on November 23, 2021 by Popular Economics Weekly

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?

Posted on November 17, 2021 by Popular Economics Weekly

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?

Posted on November 15, 2021 by Popular Economics Weekly

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!”

Posted on November 10, 2021 by Popular Economics Weekly

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

Posted on November 5, 2021 by Popular Economics Weekly

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

Posted on November 4, 2021 by Popular Economics Weekly

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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JOLTS Report Shows Improved Jobs Market

Posted on October 14, 2021 by Popular Economics Weekly

Financial FAQs Calculated Risk Job openings are plentiful as ever in the Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) report for September. It gives the best picture of job growth, better than last Friday’s punk unemployment report (with … Continue reading →

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