Labor Shortages: Air Traffic Controllers
We’ve been warning about the growing crisis with a shortage of labor across the United States primarily caused by 10,000+ boomers retiring every day. We’ve written about the pilot shortage…
Health Insurance Inflation On The Way
CNBC is reporting that health insurance premiums for many people will be exploding over the next few months exacerbating an already troubling inflation issue. “The default is that the expanded…
Mexico Inflation at 21 Year High
MarketWatch is reporting Mexico inflation at a 21 year high. Mexico’s central bank is expected to raise interest rates by 75 basis points to 7.75 percent. Why does this matter?…
UK Inflation at a 40 Year High
On the heels of Canada’s 40 year high inflation, the UK is now also at a 40 year high. From NPR: The Office for National Statistics said Wednesday that consumer…
Canada Inflation at 40 Year High
Reuters is reporting that Canadian inflation is at a 40 year high and there are calls for a 0.75 basis point hike in the central bank rate. Canadian consumer prices…
May Inflation 8.6 Percent!
Rough seas ahead! The BLS released the May inflation report and it was a scary 8.6 percent! Let’s take a look at the statement. The Consumer Price Index for All…
US Top Trading Partner Inflation Update
We recently read this Reuters article in which Treasury Secretary Yellen stated that inflation would remain high. U.S. Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation…
BLS Inflation: 8.3 Percent
The U.S. Bureau of Labor Statistics released the inflation number for the past month and it’s a doozy. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent…
Top Trading Partner Inflation Check
The Federal Reserve’s favorite measure of inflation came up at a whopping 6.6 percent. From CNN: The Personal Consumption Expenditures price index increased by 6.6% for the year ended in…
Wage Inflation Continues: Verizon $20/hr
Wage inflation continues to climb and leading the pack are deep pocket companies. Verizon announced they will now start pay at $20/hour for certain positions. In recognition of the hard…