JOLTS: 11.3 Million and CPI: 7.9 Percent!
Lots of intriguing data released this week. First the BLS released their latest JOLTS report and shows 11.3 million job openings. From BLS: The number of job openings was little…
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…
Wage Inflation Powers on in 2022
Goldman Sachs CEO had something interesting to say recently and if this firm is having trouble retaining people then what do you think that says about hiring across America? Goldman…
Worker Strikes Across America
While everyone is aware of the great resignation of 2021 very few are paying attention to the great worker strikes across America. Let’s take a tour of what’s happening now.…
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…
Real Estate During Inflation
Under normal circumstances, real estate during inflationary period makes perfect sense because debt (mortgages) held against the property generally gets inflated away over time during high inflationary periods. Unfortunately housing…
The Current State of Oil & Gas Production
According to Oilprice.com, the current rig count has been steadily but slowly climbing up. The total rig count rose to 576—a figure that is 238 up from this time last…
Pakistan Central Bank Ups Rate 100 Points 9.75 Percent
From Finance Yahoo News, Pakistan recently upped their central bank rate to 9.75 percent which represents a 100 basis point increase. Rising inflation is hitting the country’s sizeable poor and…