Producer Price Index 9.5 percent!
BLS released the PPI report and it shows producer price index at a whopping 9.5 percent! So much for inflation abating any time soon even with the Fed jawboning interest…
Inflation at 7.5 Percent!
The big news out today from the BLS is that inflation is running at 7.5 percent for all items measured in the index. To put this into context, if you…
Food Inflation, Rural Depletion and Vertical Farming
The Guardian is reporting that Tesco’s chairman, the UK’s largest grocer, is expecting food inflation of a whopping 5% for 2022. “In some ways the worst is still to come…
Employment Cost Index Up
The BLS released the Employment Cost Index and the numbers continue to climb which means inflation is continuing to grow where it hurts businesses the most: labor costs. If the…
BLS Job Projections Make No Sense
We were perusing BLS website and came across Projected Opening in Occupations That Require A College Degree and were intrigued by the projections but one key thing left us confused.…
US & Trading Partner Inflation
The big headlines today were that US inflation for 2021 topped out at a whopping 7 percent. To put that into perspective, if you have a $100,000 per year salary,…
The Labor Battle Intensifies: Healthcare vs Retail
In Indiana, hospitals can’t keep healthcare workers because Walmart is offering higher pay and lower risk. Why work at a hospital with sick patients and worry about them dying when…
BLS JOLTS: 10.6 Million Open Jobs
The BLS released the Job Openings and Labor Turnover (JOLTS) for November and it shows a whopping 10.6 million open jobs. We can attest that the great resignation is still…
City Services Chaos 2022
If you haven’t heard about the labor shortage around the country then you can catch up by reading this, this, this, and this. Now that you are caught up, let’s…
US Export Prices Up 18.2 Percent
Last week, the BLS released a report on November’s US export prices which have been the highest since 1984. Of great concern were agricultural prices which were up 21.4 percent…