Why are so many people leaving the job market amid the UK cost of living crisis? | Richard Partington

sSomething strange is happening in the British labor market. Even with unemployment hovering Close to its lowest level since the mid-1970s Companies across the country are struggling to recruit enough employees to fill roles, and turnover numbers are on the rise altogether. The rise of economic inactivity – when adults of working age are neither … Read more

Dulles Toll Road has another name. Here is the story behind it.

Comment on this story Suspension revision An earlier version of this article incorrectly referred to former Fairfax County Board of Supervisors Chairman John F. “Jack” Herty as Frank Herity. Additionally, the photo caption that originally stated that Dulles Toll Road had opened the area between the Beltway and Interstate 66 to development was incorrect. The … Read more

This Week in Bidennomics: Everybody Stop Hiring!

There are upside-down moments in economics. We’re in the middle of one. The bosses It added 263,000 new jobs in NovemberWages rose 5.1% year over year. It’s good news. It’s also bad news. First, the good news. Economists continue to predict a slowdown, and some believe a recession is coming. But you can’t have an … Read more

Austin Goolsby appointed next president of the Federal Reserve Bank of Chicago

The bank announced Thursday that Austin Goolsby, who served as chief economic adviser to former President Barack Obama, will become the next president and CEO of the Federal Reserve Bank of Chicago. Mr. Goolsby, 53, is professor of economics at the University of Chicago Booth School of Business. He served as Chairman of the White … Read more

India To Become Third Largest Economy By 2030: S&P Global, Morgan Stanley

A beautiful and colorful aerial view of the Mumbai skyline during twilight seen from Currie Road, on February 16, 2022 in Mumbai, India. Prateek Chorgi | Hindustan Times | Getty Images India is set to overtake Japan and Germany to become the third largest economy in the world, according to the Standard & Poor’s Worldwide … Read more

Inflation relief checks go to residents of these states. See if you qualify

Andy Puzder, former CEO of CKE Restaurants, discusses whether persistent inflation will dampen Varney & Co.’s Christmas retail season. As high inflation places an additional financial burden on Americans, some states are helping to offer one-off stimulus discounts to ease the pain of rising prices. At least 20 states are offering one-time deductions or expanded … Read more

US consumer confidence fell again in November

New YorkAnd the November 29, 2022 /PRNewswire/ — Conference Board consumer confidence index┬« fell in November after also losing ground in October. The index now stands at 100.2 (1985 = 100), down from 102.2 in October. The current status indicator– based on consumers’ assessment of current business and labor market conditions – fell to 137.4 … Read more