Jobs Are Up, Wages Less So – and Lower Purchasing Power Could Still Lead the US into a Recession
Quelle surprise! Trends in wages indicate that the economy is less robust than the officialdom and financial press would have you believe.
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Quelle surprise! Trends in wages indicate that the economy is less robust than the officialdom and financial press would have you believe.
Economists are feeling dismal for a reason. IS/Getty ImagesDon’t be overly fooled by seemingly rosy jobs data heading into the Labor Day weekend. Yes, the U.S. economy added 187,000 jobs in August 2023 – faster than the revised 157,000 increase for July and above most analysts’ expectations for the month. And yes, gains were seen across most industries, with health care and social assistance adding 97,300 positions, leisure and hospitality boosting numbers by 40,000, construction up by 22,000 jo
From Lewes to Fenwick Island, the weather looks great for beach-going and there's so much to do.
From Lewes to Fenwick Island, the weather looks great for beach-going and there's so much to do.
Children's Minnesota says it's now the first pediatric hospital system in North America equipped with both moving-scanner and moving-patient MRI technology in the same surgical space.