marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
workers
02/10/2023
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By JD Heyes
Nearly half of all Americans doing worse under Biden according to major new survey
Joe Biden, like other Democratic presidents before him, has not implemented great economic policies and, coupled with massive Democratic spending his first two years in office, has dramatically harmed the average American worker’s financial situation. In fact, according to a major new survey, nearly half of all Americans say they are worse off thanks to […]
01/27/2023
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By Arsenio Toledo
Amazon warehouse workers in Britain walk out of their jobs over paltry pay increase, terrible working conditions
Hundreds of Amazon workers in the United Kingdom walked out of their jobs on Wednesday, Jan. 25, in the first-ever formal industrial action in the country against the tech giant. The workers, affiliated with the GMB trade union, walked out of an Amazon warehouse in the city of Coventry in central England, known as BHX4 […]
07/31/2022
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By Arsenio Toledo
Initial unemployment claims remain high as recession fears affect labor market
Unemployment claims for the fourth week of July fell slightly, but remain higher than expected, indicating that employers remain hesitant to fill their vacancies due to fears of a recession. According to a report released by the Department of Labor, the seasonally adjusted initial unemployment claims for the week ending July 23 was 256,000. This is […]
07/25/2022
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By Arsenio Toledo
US unemployment claims rise to highest level in eight months
The number of Americans that have applied to receive unemployment benefits has jumped for the third week in a row. According to the Department of Labor, this latest jump in jobless claims is the highest in eight months. For the week ending on July 16, initial unemployment claims increased by 7,000 to 251,000. Economists surveyed by Reuters only expected […]
07/14/2022
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By Arsenio Toledo
American workers have lost $3,400 in yearly income due to unrelenting inflation
The average American worker has lost roughly $3,400 in yearly income due to unrelenting inflation in the past 18 months. This is according to E.J. Antoni, a research fellow at The Heritage Foundation, a conservative think tank, who spoke to Fox Business following the publication of the Bureau of Labor Statistics’ latest consumer price index (CPI). The CPI, […]
07/08/2022
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By Arsenio Toledo
Jobless claims surge to highest level in 6 months as employers cut jobs due to weakening economy
The number of Americans who have filed initial jobless claims has risen to a six-month high, marking the fifth consecutive month that weekly claims for unemployment benefits have topped the 230,000 mark. According to government data from the Department of Labor, initial filings for state unemployment benefits increased by 4,000 to a seasonally adjusted 235,000 claims […]
11/18/2021
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By Matthew Davis
Worldwide supply chain shortages may last until 2023 due to surge in household spending as people flee the collapsing dollar
Experts said global supply chain shortages and snags may last until 2023, unless Americans stop buying so much. Consumer demand remains high even in the middle of the Wuhan coronavirus (COVID-19) pandemic, which resulted in shortages in the U.S. and much of the world, according to the Associated Press (AP). “Demand is completely skewed,” said Bindiya Vakil, […]
10/21/2021
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By Mary Villareal
Nashville restaurant owners speak out about labor shortages in the area
Restaurant owners in the Nashville area expressed their frustration about how hard it is to hire workers and how it is negatively affecting their businesses, forcing them to reduce hours and limit service to take-outs and deliveries only. Kahlil Arnold, owner of Arnold’s Country Kitchen, said: “We’d have people that fill out resumes and then we’d […]
02/20/2020
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By JD Heyes
Wuhan coronavirus threatens to DESTROY commerce throughout China as just 34% of businesses have enough cash flow to stay open for longer than a month
If Wuhan coronavirus (COVID-19) continues to spread throughout China at its current rate and the government finds no good way to control it, millions of workers are going to be laid off from their jobs as two-thirds of small-to-medium businesses fail. According to a Google translation of a Yahoo! Taiwan story, the virus is continuing […]
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