Many Girl Scout councils are raising the price of their popular cookies from $5 to $6 a box. The increase offers Girl Scouts and their customers a bittersweet lesson in inflation.
Social Security benefits will increase by 3.2% in 2024 as inflation moderates
The acting Social Security commissioner says a 3.2% increase in benefits next year “will help millions of people keep up with expenses." The increase announced Thursday is far less than this year’s historic boost and reflects moderating consumer prices.
U.S. leading indicators point to recession starting soon
An index designed to track turns in U.S. business cycles fell for the 15th straight month in June, dragged down by a weakening consumer outlook and increased unemployment claims, marking the longest streak of decreases since the lead-up to the 2007-2009 recession.
UK's stubborn inflation fails to fall, turning up heat on BoE
British inflation defied predictions of a slowdown and held at 8.7% in May, putting yet more pressure on the Bank of England a day before it is expected to raise interest rates for the 13th time in a row.
Is the Unemployment Rate a Deceptive Statistic? | Peter Jacobsen
There is no perfect metric for employment as it relates to the health of the economy as a whole. Context is necessary for determining whether changes in these metrics are good or bad. People think of having less work as a bad thing but, over time, the number of hours worked has decreased pretty consistently over time. You can work less hours today for a better standard of living than people in the prior two centuries. In the context of the last century and a half as a whole, this is a good thing.
(20) Stephen Day @VCUEconEd on Twitter: "RT @NAEEnet: Where are you headed this summer? Check out this graph on the impact of travel and tourism on GDP across the world! #TeachEc…" / Twitter
Where are you headed this summer? Check out this graph on the impact of travel and tourism on GDP across the world! #TeachEcon pic.twitter.com/YX7krjsC4p— NAEEnet (@NAEEnet) May 31, 2023
Argentina to Hike Rates in Bid to Stem Inflation Crisis
(Bloomberg) -- Argentina will unveil a set of emergency measures in a bid to stem additional currency losses, including a large increase to its key interest rate, as inflation spirals out of control in the run up to presidential elections, according to officials at the Economy Ministry and the central bank.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTurkey Poised for Vote Runoff as Erdogan Ballots Fal
The Jobs Calculator calculates the net employment change needed to achieve a target unemployment rate after a specified number of months. The user can adjust the target unemployment rate, the number of months, and the assumed labor force growth.
Worksheet – (Un)employment Related news articles: Small businesses face hiring challenges despite fears of recession (Forbes, February 28, 2023) and No matter the market, there's always a demand for great talent: Here's how to cultivate and keep it (Forbes, April 10, 2023) Summary: This workshee...