Posts in category

Labor economics


This happens in large chain stores and local markets. After the wave of panic buying a year ago, a few empty shelves still haunt grocery stores and food prices continue to climb. The US Department of Labor reports that in the past 12 months since July 2020, the Consumer Price Index has increased 5.4%, including …

NOTannies are rare, so they command much higher wages. Demand for nannies has skyrocketed as the COVID-19 pandemic has struck and has not abated. Nannies looking for work are empowered to ask for higher hourly wages given their scarcity, a change that should last. Nanny sales froze during the pandemic, and several nannies were held …

This is one of the key questions central bankers face when they gather this week for an annual meeting in Jackson Hole, Wyoming. What’s going on: The event, which typically includes central bankers from around the world, will be a streamlined affair due to the pandemic. Neither European Central Bank President Christine Lagarde nor Bank …

Steps for Korea’s ‘graduation’ – Korea Times Opinion 2021-08-22 17:05 Steps for Korea’s “graduation” By Ahn Ho-young The Foreign Ministry announced on July 4 that the United Nations Conference on Trade and Development (UNCTAD) had decided to classify Korea as a developed country at its recent board meeting in Geneva. It was interesting for me …

BISMARCK – A new economic outlook report predicts a slowing recovery for North Dakota as the state emerges from a pandemic pit. Report compiled by Jeremy Jackson, professor of economics at North Dakota State University, predicts a decline in state gross product, labor force participation and total wages over the coming months . However, Jackson’s …

Data: Bureau of Labor Statistics, FRED; Graphic: Axios Visuals July United States. The jobs report was a blockbuster, but there is still room for improvement in the job market and the recent spike in COVID-19 cases means it’s too early to celebrate. Why is this important: The US economy continues to show great momentum, putting …

WASHINGTON – Today, President Joe Biden announced his intent to nominate the following 10 individuals to serve in key roles: David R. Gilmour, Nominee for Ambassador Extraordinary and Plenipotentiary to the Republic of Equatorial Guinea Scott Miller, Nominee for Ambassador Extraordinary and Plenipotentiary to the Swiss Confederation and to the Principality of Liechtenstein Marc R. …

The US economy created 943,000 jobs in July and the unemployment rate fell to 5.4% – a new low in the era of the pandemic – the Bureau of Labor Statistics reported on Friday. This is the largest job creation since August of last year, when more than a million jobs were added, and more …

President Joe Biden expresses confidence that his proposed $ 4.5 trillion national package will actually pay off, even though experts fear the colossal price tag could trigger long-term inflation and other economic disruption. At a press conference last month, the Democratic president argued that his plan – a double measure that would spend on both …

AKIPRESS.COM – The World Bank is pleased to announce the appointment of Ozan Sevimli as the new Country Director of the World Bank for Tajikistan and Turkmenistan, effective August 2, 2021. He will succeed Jan-Peter Olters who held this position. position since April 2017. Ozan Sevimli has worked for the World Bank in several positions …