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,...
by Dan Ingram | Mar 9, 2017 | Economic Affairs News
The economy added over 298,000 jobs in the month of February, according to estimates by payroll provider ADP. This is a significant number and is expected to bring the unemployment rate down an additional step to 4.7%, according to Fox Business. Drilling down into...
