The recent news of a population decline in china shocked the world. The country’s population has not experienced a dip since the 1960s, but in 2022, it fell by 850,000 people. A historic famine caused the previous population loss, but what is the cause of the most current drop, and what does it mean for […]
Inflation — broad-based increases in prices across the economy — is unusually high, and consumers are concerned about the dollar’s value. A paycheck or social security check does not go as far as it once did. The Bureau of Labor and Statistics states that within a 12-month window, inflation increased from 1.4% to 9.1%. What […]
The economy faced many hurdles throughout 2022. Between shifting growth and historic inflation, Americans struggled to make their salaries and savings work for them. As 2023 begins, is the economic outlook looking any better? The answer depends on who you ask.Despite differing opinions, many economists are holding onto hope for the 2023 calendar year. Still, […]
Many people complain about taxes in the United States. The 37% tax rate on higher-income Americans can seem unfair, but it is not without merit. Still, how does the U.S. stack up against other countries? Is the federal government worse than or better than other territories?When examining the tax systems of other countries, seven systems […]
Every election cycle, the economy takes center stage. The funny thing about presidential candidates and potential congressional representatives proposing economic changes is they have little control over actual outcomes.The U.S. is a capitalist society, relying on free enterprise and competition rather than government intervention for economic health. Yes, the government plays a part in fiscal […]
The death of Queen Elizabeth II at 96 on September 8, 2022, leaves the U.K. and the world in a transitional state. As a global economic leader, Britain is entering a period of mourning and royal and political transition during a turbulent economic time.The United Kingdom is facing economic uncertainty, dangling on the brink of […]
Affordable childcare is essential to economic growth and recovery. Many people, especially single people, do not realize the effects of childcare costs on the individual and the nation. Childcare is the backbone of successful infrastructure, especially regarding enterprise and innovation. Also, childcare is essential for parents who want to pursue career, academic, and financial possibilities.Without […]
It’s a word no one wants to hear, and even fewer people like to talk about: inflation. Yet, prices are up in every possible sector, including food, rent, utilities, fuel, and many other areas. As prices continue to rise, so do the average Americans’ concerns about their financial futures.While inflation is concerning, the outlook might […]
Events outside of the control of employers and employees saw the rise and necessity of remote work. With nearly two years since the widespread adoption of remote work, the workforce is settling into what many assumed to be the new normal. However, many employers do not seem as keen on the permanent adoption of the […]
“Now hiring!” How many signs have you seen that beg for job applicants in recent months? As the economy and society return to offices and in-person activities, many businesses have pleaded for applicants. The continued demand for employees makes recent news about massive layoffs so confusing and troubling.Layoffs and Consumer PreferenceThe layoffs are coming from […]