Labor Shortages In Mexico Impacting Japan
We’re moving into a whole new paradigm in the labor market. For years now we’ve been reporting on US labor shortages caused by too many baby boomers retiring and not…
BLS: CPI April 2024
The BLS released the Consumer Price Index this morning and while it is better than expected it’s not particularly good news. Below is a quick summary but you can read…
April 2024 – Social Security Enrollments
The social security office released the April 2024 snapshot and it’s a jumbo jump in enrollments. For April 2024, there were 195,000 new social security enrollees over the age of…
BLS: PPI April 2024 – Red Hot!
The BLS released the PPI report this morning and it’s red hot for inflation. PRODUCER PRICE INDEXES - APRIL 2024The Producer Price Index for final demand rose 0.5 percent in…
Weekly Jobless Claims 231,000
The weekly jobless claims have finally spiked up to 231k and we are wondering if this is the beginning of the next economic downturn phase. From CNBC: Initial filings for…
BLS: JOLTS & Productivity
The BLS released the March JOLTS report yesterday and this morning we have the productivity report. First from the BLS on JOLTS: JOB OPENINGS AND LABOR TURNOVER – MARCH 2024The…
Fed: No Rate Cut
The Fed held rates steady and there is a great write up on the policy changes over at CNBC. The most interesting thing the Fed has said, “Beginning in June,…
BLS: Q1 2024 Employment Cost Index
The BLS released the Q1 Employment Cost Index today and it shows employment cost up 1.2 percent over the expected 1 percent indicating more persistent inflation. From the BLS: EMPLOYMENT…
Labor Shortages: Farm To Table
Two articles discussing how labor shortages are impacting farming and the eventual effect on restaurants. From Texas Standard: Diane Charlton, an associate professor at Montana State University who studies where…
March 2024 – Top US Trading Partner Inflation
It’s time to check in on global inflation and things continue to crawl along at nearly 3 percent inflation but with oil remaining stubbornly high near or above $80/barrel it…