On the first Friday of each month, the Bureau of Labor Statistics (BLS) releases a report entitled “The Employment Situation”, which offers details regarding the health of the U.S. labor market. The report is greatly anticipated for its headline “nonfarm
“Even apart from the instability due to speculation, there is instability due to the characteristic of human nature that a large proportion of our positive activities depend on spontaneous optimism rather than mathematical expectations, where moral or hedonistic or economic.
The Federal Minimum wage is one of the more partisan policies of our time. Although raising the minimum wage is wildly popular, it has sat at $7.25 since July 2009. This article will examine why the United States should raise
Why are market interest rates negative? And why are investors willing to invest in them? Monetary policymakers’ longstanding tool to ensure sustainable economic growth and maintain prices is the interest rate at which banks borrow overnight. Central bankers lower this
I gathered data on “Disposable Personal Income” and “Personal consumption expenditures: Laundry and dry cleaning services” from the Saint Louis Fed’s online database, FRED. Both data series were annual data from 1959 to 2015 and were in nominal terms