By Rick Manning What is the state of the labor force in America on Labor Day 2023? It is transitioning. More and more employers who were previously embracing the work from home model are now demanding that employees come back to the office, and employees who like […]

By Robert Romano The national unemployment rate reported by the Bureau of Labor Statistics jumped from 3.5 percent to 3.8 percent in August as an additional 514,000 Americans said they could not find work in the Bureau’s household survey. Now 6.3 million Americans are said to be unemployed, the highest in more than […]

By Robert Romano As many as 23.3 million Americans were added to the Medicaid rolls since Feb. 2020 during the program’s continuous enrollment program passed by veto-proof margins in 2020 in the  Families First Coronavirus Response Act — whereby nobody was reevaluated on the basis of income during and after the Covid […]

By Robert Romano The Federal Reserve is still placing a “significant probability of a recession occurring by the end of 2024,” according to the minutes of its July 25 to July 26 meeting of the Board of Governors that was released Aug. 16. “Respondents to the Open Market Desk’s Survey of Primary Dealers and Survey of Market Participants in July continued to […]

By Robert Romano Consumer inflation in the U.S. economy remained sticky in July as prices have climbed 3.2 percent the past twelve months, up from 3 percent in June, amid climbing oil prices and a weakening dollar, according to the latest data from the Bureau of Labor […]

By Robert Romano The national unemployment rate dipped to 3.5 percent in July, according to the latest data from the Bureau of Labor Statistics , once again hitting more than 50-year lows. It’s still peak employment as far as the eye can see. Even with the past two years’ high inflation dropping dramatically and disinflation usually correlating with […]

By Robert Romano Another month, and another interest rate hike by the Federal Reserve on July 26, this time to 5.25 to 5.5 percent , to combat sticky inflation that has beleaguered the U.S. economy since 2021 when consumer inflation first rose above 5 percent annualized in June 2021 to 5.4 percent , up to 7.5 percent by Jan. 2022 immediately prior to Russia’s invasion of Ukraine, and peaking at 9.1 percent in June 2022 . Since then, as global oil and other markets have stabilized from the Covid […]

By Manzanita Miller   President Biden is attempting to run on an economic recovery message, recently touting “Bidenomics” as a victory for Americans, but polling shows voters are increasingly critical of how Biden is handling the economy. Despite claiming to be lowering inflation, Biden’s Presidential Inflation Rate […]

By Rick Manning U.S. Rep. Max Miller (R-Ohio) has just delivered his support to the woke corporations that are forcing Americans to embrace their left-wing politics. He has joined Sen. Dick Durbin (D-Ill.), Sen. Roger Marshall (R-Kan.), and Sen. J.D. Vance (R-Ohio) to give more power to […]

By Robert Romano Inflation over the past 12 months has crashed to 3 percent in June according to the latest data from the Bureau of Labor Statistics after a massive uptick following the more than $6 trillion that was printed, borrowed and spent into existence for Covid coupled with the economic lockdowns and production halts—literally too much money […]