Another Nursing Home Files For Bankruptcy
Last week in The Labor Battle Intensifies: Healthcare vs Retail, we wrote about how QHC filed for bankruptcy citing severe labor shortage as the main cause. This week Eagle Senior…
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,…
Retirement Portfolios By Age Group
CNBC had a nice summary of how Americans have saved money for retirement. We encourage you to click the link and read the article. We took some of the data…
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…
Labor Shortage, Wages Heats Up
The Wall Street Journal had an interesting article about how businesses in Louisville, Kentucky such as UPS are having to up the hourly wage to $20/hour to find and retain…
Coronavirus New World Order
We don’t think the world will be the same after Covid-19. There have been fundamental re-thinking of the supply chain and how things are manufactured, shipped and distributed to their…
What’s Happening With Hourly Wages? T-Rex Will Eat First
The future of hourly wages for many workers seem to be moving up. T-mobile recently announced that it would raise minimum wage to $20/hour. Earlier in the year, Bank of…
It’s The Boomers Stupid!
In the not too distant future, we think “It’s the boomers stupid” will become the cliche of the day. In 1992, James Carville came up with a similar phrase, “It’s…