Economy
Nearly half of small businesses are in hiring freeze, citing inflation and costs(The Center Square) – Nearly half of small business owners are not willing to hire because of labor costs and “skyrocketing inflation,” a newly released small business report shows. The… Read More
Economy
Producer Price Index rises 11.3%, another worrying inflation marker(The Center Square) – Producer prices soared by 11.3% in June over a year ago as consumers continue to struggle with skyrocketing prices for just about everything. The U.S. Bureau… Read More
Inflation
Inflation soars 9.1% in past 12 months(The Center Square) – Consumer prices rose another 1.3% in June, contributing to a 9.1% spike over the past 12 months. It is the largest spike in 41 years. The… Read More
Economy
U.S. Economy has 11.3 million unfilled jobs(The Center Square) – There are 11.3 million open jobs in the U.S., nearly two jobs for every American seeking work, according to newly released federal data. That rate is… Read More
National
Summer blackouts may be on the horizon(The Center Square) – As energy and gas prices continue to rise, industry insiders are warning that blackouts and “energy emergencies” may be in store for millions of Americans this… Read More
National
Small businesses fear rising inflation, consider shutting down in droves(The Center Square) – The small business network Alignable released its small business inflation poll Monday, which found small businesses are very worried about rising inflation and its effect… Read More
National
Feds: Number of job openings hit new high in March(The Center Square) – Job openings in the U.S. continue to rise, now nearly doubling the number of job seekers, according to newly released federal data. The Bureau of Labor… Read More
National
Consumer prices rise 8.5%, highest in 40 years(The Center Square) – Newly released federal inflation data show that prices continue to rise at the fastest rate in four decades, continuing the trend of soaring inflation. The Bureau… Read More
National
Americans’ pessimism on inflation hits record high(The Center Square) – The majority of Americans think the rise in inflation last year will only get worse in 2022, according to a new poll. Gallup released polling … Read More
National
Fed Chair Powell: Inflation poses ‘severe’ threat to U.S. job market(The Center Square) – Federal Reserve Chairman Jerome Powell told the U.S. Senate Banking Committee Tuesday that elevated inflation poses a “severe” threat to U.S. jobs and economic recovery. He… Read More
National
December sees significant job growth, but millions of Americans are calling it quits(The Center Square) – The U.S. showed strong job gains in December, but a record number of Americans continue to leave the work force voluntarily. ADP released December’s private sector… Read More
National
Economy created only a third of expected jobs in August(The Center Square) – A new federal jobs report released Friday showed that job creation for the month of August fell far short of expectations. The Bureau of Labor Statistics… Read More
National
Rising inflation could mean largest social security increase since 1983(The Center Square) – Rising inflation and the price increases that come with it may lead to the highest raise for senior citizens in decades. The Senior Citizens League predicted… Read More
National
More jobs available than workers as debate over unemployment benefits continues(The Center Square) – More than 10 million jobs are available in the U.S. despite widespread unemployment, the Bureau of Labor Statistics reported Tuesday. The report comes as Republicans and… Read More
National
Inflation hits levels of 2008 financial crisis(The Center Square) – Newly released federal data showed a major spike in consumer prices, worrying experts about the continued rise of inflation. The Bureau of Labor Statistics released consumer… Read More
National
Jobless claims spike as economic recovery remains uncertain(The Center Square) – The number of people filing new unemployment claims spiked last week, the latest economic indicator that’s troubling economists. Data released by the Department of Labor… Read More
National
Inflation spikes to highest levels since 2008 crisis(The Center Square) – The latest federal report suggests more troubles for the U.S. economy, even as experts hoped for a post-COVID economic surge. The Bureau of Labor Statistics Thursday … Read More
National
Poll: Many Americans hesitant about continuing federal unemployment benefits(The Center Square) – Many Americans are wary of President Joe Biden’s trillions of dollars in new spending proposals, according to the latest polling data. The newly … Read More
National
New federal data signal more trouble for U.S. economy(The Center Square) – New information from the Bureau of Labor Statistics reports that prices for consumer goods have risen significantly in the past year, putting extra strain on Americans’… Read More
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