Tag: Economy And Jobs

U.S. consumer inflation is at its highest level in four decades. What is the government doing about it?

Led by high energy costs, rising consumer prices drove the annual U.S. inflation rate to a 40-year high for the 12 months ending in March.

After relinquishing his support for the proposed Build Back Better bill, Sen. Manchin has been the subject of biased media coverage.

Last week, international business leaders warned of a potential systemic collapse if issues persist.

The Bureau of Labor Statistics reported 9.3 million job openings this week, the highest amount since it began tracking the number in 2000 and a good sign for the economy's COVID-19 recovery. Despite this, hiring is lagging behind; the economy added 559,000 jobs in May , more than double...

Updated October 2022 Many Americans see the benefits of a college degree, such as opportunities for well-paying jobs. Yet over the years, college costs have become extremely high, both from private and public colleges . This increase has led to more and more debt -- a total of about $1.75...

U.S. Congress will consider a $15 minimum wage for the second time soon. Joe Biden and most congressional Democrats want to more than double the minimum hourly wage from its current level of $7.25. Although Democrats have this policy goal, survey data (see below) show that the majority of...

“There are three kinds of lies: lies, damned lies, and statistics.” -Mark Twain On Tuesday, Democrats in Congress reintroduced a bill to gradually raise the minimum wage to $15 per hour by 2025. Slanted coverage soon followed. View this post on Instagram A post shared by AllSides (@...

Can a new Congress learn old tricks? After years of Capitol Hill gridlock driven by increased suspicion, hostility and polarization, it may be fitting that the final legislative agreement of the hyper-partisan Trump administration required an act of transcendent bipartisanship. In an era...