fredgraph

Unemployment Report Shows Labor Force Drop Outs At Record High

The March unemployment rate remained the same, yet once again the BLS survey showed another huge increase in those not considered part of the labor force anymore and as a result the figure hit a record 93.175 million high.  The official unemployment rate is 5.5%.  The labor participation rate is also 62.7% and remains at 37 year record lows.  From …

food inflation

Food inflation on the rise – list

If you’ve read any economic news lately, you’ve probably been treated to a host of stories touting a “strong” U.S. recovery, really low unemployment, and very little inflation. And, if you’re like most working class Americans, you’ve probably read those stories while shaking your head in disbelief and wondering if the writers are talking about people in another country. Yes, …