by Tim Donner | May 5, 2018 | Establishment Media, Narrated News, Politics
For the first time in 18 years, the US unemployment rate has dropped below four percent. It has now fallen to 3.9 percent, according to a release issued late this week by the U.S. Bureau of Labor Statistics. But before you get all giddy about this and have a notion...
by Leesa K. Donner | Mar 10, 2018 | Economic Affairs News, Politics
If you’re multi-tasking, click here for an audio version: The U.S. Labor Department reports the jobs market was on fire in February – posting the largest single month gain since 1983. This brings the unemployment rate down to 4.1% which is a 17 year low. Naturally,...
by Andrew Moran | Jan 10, 2018 | Economic Affairs News
On January 1, Ontario raised the minimum wage from $11.60 per hour to $14 ($12.10 for servers). The debt-ridden province, led by a scandal-plagued Liberal Party, is set to hike the minimum wage to $15 next year. Despite warnings from businesses, trade associations,...
by Kelli Ballard | Oct 22, 2017 | Economic Affairs News
Is our economy improving? According to the most recent job claims report, which measures and keeps track of layoffs and unemployment applications, we are at the lowest number of claimants since 1973. The week ending October 14 showed a 22,000 decrease in the number of...
by Teresa J. Read, CPA | Sep 14, 2017 | Economic Affairs News
The Federal Reserve has postponed a plan to raise interest rates for the third time this year to offset the impact the economy will feel when they begin to sell off $4.5 trillion of long-term bonds. The problem is that the two closely monitored economic indicators,...
