• Why aren’t people enrolling for Jobs when they are more than what was before the Pandemic?

    Hesitant, dispirited, and nervous people left many job positions vacant even though new positions ascended to 15 million by mid-March, as per the recent data from ZipRecruiter, an online job site. The positions shrank from 10 million last year, before the pandemic began, to 6 million as the lockdown...
  • Biden’s Infrastructure Plan could be Risky for Auto Jobs

    The $2 trillion jobs plan is a “one-time investment in a generation” that can create millions of jobs by improving the country’s infrastructure, as dubbed by President Joe Biden. The plan still concerns the auto industry even though it comes earmarked with billions. A $174 billion grant for electric...
  • What Is The Definition Of Technology In Economics?

    In economics, there is a common notion suggesting that technology remains the main driver of economic growth of any nation, city, region or community. With technology comes efficiency in work and production, and thus comes economic prosperity. However, the system that brings the technology to force remains a complex...
  • Fed Aims to Put an End to Crisis-Era Measures

    The Federal Reserve plans to announce on Wednesday that it will start to reduce its portfolio of assets in excess of $4.5 trillion. After the financial collapse of 2007-2009, the Fed enacted bond-buying measures to prevent America’s largest banks from failing. The reduction in assets marks another move to...
  • “The US Economy is Growing Stronger”

    The median household income in the US observed an increase of 3.2 percent. The current figure is $59,039. A factor that fueled the change is the ability of people to secure full-time jobs. However, the poverty rate fell to reach the lowest point ever seen in the country. In...
  • The United States is More Indebted to China Than Ever

    The U.S. Treasury recently surmised that China holds more U.S. debt that any other nation. China has been purchasing U.S. government bonds at a record pace and has easily overtaken Japan for the top foreign holder of U.S. debt in the form of U.S. government bonds. Both China and...