Tag: employment

11 Aug, 2021

Inflation remains a lingering problem

I wish the federal government would back off a bit. Then we might know exactly where we stand. Eviction and foreclosure moratoriums, a $1 trillion plus infrastructure bill, and now a $3.5 trillion budget blueprint will only cloud things on this economy. The Labor Department reported Wednesday that its consumer-price index rose 5.4% in July from a […]
6 Aug, 2021

Unemployment drops to 5.4% on strong jobs report

U.S. nonfarm payrolls rose by a seasonally adjusted 943,000 in July, from June’s upwardly revised gain of 938,000, the Labor Department said Friday. The July jobs increase was the largest since August 2020. The unemployment rate, derived from a separate survey of households, fell to 5.4% in July from 5.9% in June. The number of Americans working […]
19 Jul, 2021
15 Jul, 2021

Hotels may adopt permanent elimination of daily housekeeping service

I used to travel four or five times a year where I stayed in hotels. I continued that a bit during the pandemic. Hotels suspended daily housekeeping services unless you request them. Now that things are loosening up the policy hasn’t changed. It seems the companies operating hotels came to the conclusion people don’t mind […]
5 Jul, 2021
2 Jul, 2021

Good jobs report lifts markets

It’s good to see employment is continuing to increase. The more people participating in the economy the better it is for everyone. The U.S. economy added 850,000 jobs in June as the labor market heated up after a spring lull. The unemployment rate, derived from a separate survey of households, rose to 5.9% from 5.8%, the Labor […]
19 Jun, 2021

The Yield – Week ending June 18, 2021

Stocks drop for the week, oil prices hit a high, jobless claims increase, the year of the individual investor, Microsoft names new board chairman, IBM closes an acquisition, Sonoco expands recycling, and Verizon gets a contract. All that including my weekly portfolio update and dividend news
17 Jun, 2021

Jobless claims on the rise

Is this something to worry about or a temporary blip? My guess is that it’s a temporary blip. I don’t expect anything near normal with the economy and employment until some time next year. It is a little odd though with so many jobs open that there would be more an increase in unemployment filings. […]