BY Masao Suzuki | San José, CA | 11/07/22
On Friday, November 4, the U.S. Department of Labor reported that the unemployment rate in October rose from 3.7% from 3.5% in September.
BY Masao Suzuki | San José, CA | 10/22/22
Inflation as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers or CPI-W has been rising this year at the fastest rate in 40 years.
BY Masao Suzuki | San José, CA | 7/15/22
Real earnings, or workers’ wages after adjusting for inflation, had their biggest drop in 40 years last month, as prices continued to rise faster than paychecks.
BY Masao Suzuki | San José, CA | 6/17/22
With Bitcoin now down 70% from its record price in April of 2021, businesses based on cryptocurrencies have started to fold.
BY Masao Suzuki | San José, CA | 6/12/22
On Friday, June 10, the Bureau of Labor Statistics reported that prices for workers’ families, the so-called Consumer Price Index-Wage or CPI-W rose by 9.3% as compared to prices a year ago.
BY Masao Suzuki | San José, CA | 6/07/22
Gas stations, grocery stores and car dealers are not the only places people are facing sticker shock, as anyone looking to rent can tell you. Prices to rent an apartment are up around 20% over the last year.
BY Masao Suzuki | San Jose, CA | 1/14/22
On Wednesday, January 12 the U.S. Bureau of Labor Statistics reported that prices of consumer goods rose 7% in 2021. This is the highest rate of inflation in 40 years.
