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Exclusive: Pandemic could cost typical American woman nearly $600,000 in lifetime income
Exclusive: Pandemic could cost typical American woman nearly $600,000 in lifetime income
It's not just the loss of current income during the COVID crisis that will hurt millions of women financially, but also reduced future earnings and retirement benefits that will likely follow. As one economist put it, women may "eat the cost of the pandemic for the rest of their working lives."
·newsweek.com·
Exclusive: Pandemic could cost typical American woman nearly $600,000 in lifetime income
Median PCE Inflation
Median PCE Inflation
The median PCE is a measure of inflation computed by the Federal Reserve Bank of Cleveland. It ranks the components of inflation and picks the one in the middle as the measure of the longer-term trend in prices. Its construction makes it less sensitive to short-lived price fluctuations, thereby capturing the trend in prices. Released monthly.
·clevelandfed.org·
Median PCE Inflation
FRED Economic Data
FRED Economic Data
Consumer Price Index for All Urban Consumers: Airline Fares in U.S. City Average
·fred.stlouisfed.org·
FRED Economic Data
US jobless claims fall again as some states end federal aid
US jobless claims fall again as some states end federal aid
WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week — the latest encouraging sign for the rebounding U.S. economy — just as Republican-led states are moving to cut off a federal benefit for the jobless.
·apnews.com·
US jobless claims fall again as some states end federal aid
Inflation 101
Inflation 101
We provide explanations of basic and fundamental concepts on the definition of inflation, measurement of inflation, costs of inflation, the importance of measuring and controlling inflation, the role of the Federal Reserve in inflation, and other concepts such as price indexes, hyperinflation, trend and underlying inflation, measures of inflation like CPI, core CPI, median CPI, trimmed-mean CPI, PCE, core PCE, and trimmed-mean PCE.
·clevelandfed.org·
Inflation 101
Inflation Is Here. What Now?
Inflation Is Here. What Now?
Prices are rising fast, in ways that seem temporary, yet this could change expectations in ways that are self-reinforcing.
·nytimes.com·
Inflation Is Here. What Now?
Where have all the low-wage workers gone?
Where have all the low-wage workers gone?
There’s a good chance that you’ve been to your local grocery store or stopped by your favorite fast food location and noticed signs for hiring bonuses, but why aren't more workers signing up?
·jadrian.substack.com·
Where have all the low-wage workers gone?
Prices | Restaurant-ing through history
Prices | Restaurant-ing through history
Restaurant prices in the 19th century (followed by 20th, below) Note: Until the mid-19th century prices were often quoted in shillings and pence, or in Spanish dollars. One Spanish bit = 12½¢; One …
·restaurant-ingthroughhistory.com·
Prices | Restaurant-ing through history
US recovery from pandemic recession is showing momentum
US recovery from pandemic recession is showing momentum
Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped through the nation last year on the heels of the coronavirus and cost tens of millions of Americans their jobs and businesses. The number of people seeking unemployment aid — a rough reflection of layoffs — last week reached its lowest point since the pandemic struck. Economists say that widespread vaccinations and declining viral cases, the reopening of more businesses, a huge infusion of federal aid and healthy job gains should help sustain steady growth.
·finance.yahoo.com·
US recovery from pandemic recession is showing momentum