4.4 million Americans quit their jobs in September, breaking a record set in August, according to new government data. According to a report by the U.S. Bureau of Labor Statistics released on Friday, the number of job openings remained nearly the same throughout the month of September, but the rate of people quitting their job rose to
More
A new analysis from Goldman Sachs warns that the economic damage from inflation will dwarf that of new COVID-19 outbreaks. “Higher-than-expected US inflation recently prompted us to pull forward our forecast for
On Wednesday, President Biden finally admitted that inflation is at its highest level since 1990 because of his $1.9 trillion COVID “stimulus” bill. “The irony is people have more money now because
The Department of Labor’s Producer Price Index, a key inflation metric, rose 0.6% in October, matching the record annual increase of 8.6% broken in September. “Elevated demand for goods over services again
Jason Furman, the former chairman of former President Barack Obama’s Council of Economic Advisers (CEA), slammed Democrats on Tuesday for reportedly agreeing on a deal that would repeal the cap on the
