Tag: inflation
-
Legislative Session Saw No Teacher Raises, Failed Voucher Push, And Armed Guards
With a historic $32.7 billion budget surplus on hand, some lawmakers had the funds and optimism to tackle some of the most pressing issues facing public schools, such as teacher shortages and school funding, at the start of this year’s legislative session. Teachers Will Not Receive Raises Due To Clashing Political Views, Vouchers, And Squabbles…
-
The unemployment rate increased to 3.7% in May, although 339,000 new jobs were created
Workers created a record 339,000 new jobs in May, as the job market kept moving along despite rising interest rates and ongoing prices. The unemployment rate increased from a five-decade record of 3.4% to 3.7%, according to data from an additional family survey, the Labor Department reported on Friday. The highest reading since October, that.…
-
Inflation 2023: Families Believe They Need An Income Of At Least $85,000 Just To “Get By”
It’s getting tougher and harder to get by. Families Need An Income Of At Least $85,000 Just To “Get By” Families estimate they need an income of at least $85,000 just to “get by,” about treble the federal poverty limit and significantly more than the $58,000 they need just ten years ago, due to substantial…
-
Savings of Americans on the verge of being destroyed by inflation as the US urgently attempts to pay its debts: Arthur Hayes
The creator of BitMEX, an expert in the cryptocurrency industry, claims that Americans are about to see a surge of inflation that would badly harm their investments. According to a recent blog post by Hayes, when the US loses control over the world’s economic growth, the stock market would balkanize into multiple blocs as opposed…