US Jobs Report January 2018

The good news “Total nonfarm payroll employment increased by 200,000 in January, and the unemployment rate was unchanged at 4.1 Continue reading →

American Savings Sink

“In December, the personal savings rate dropped to 2.4 percent, its lowest level since 2005.” – Slate Americans don’t save, Continue reading →

Gig Economy Rules Recovery

If it seems like job growth since the Great Recession hasn’t had the usual effect that’s because the job growth Continue reading →

Global Inequality Increases

The trend continues. 27% of the wealth growth from 1980 has gone to the top 1%. Even within that group, Continue reading →

November 2017 US Jobs Report

The good news: Jobs are up 228,000, which beat expectations of 195,000. Unemployment remains low, at 4.1%. The not so Continue reading →

Fewer Children Surpassing Parents

A standard belief is that each generation will do better than the previous, that kids will have better financial lives Continue reading →

Venezuela Bond Default

It finally happened. Venezuela defaulted on its bonds. Bonds are considered one of the safest investments, but no investment is Continue reading →

US State Of Inequality

Inequality remains incredibly high in the US. That’s using the definition of the roots of the word “incredibly” as in Continue reading →