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Posts tagged ‘economy’

December jobs report – 2016 closes with strong U.S. payroll numbers



The Department of Labor reported on Friday that 156,000 jobs were added in December, slightly below expectations, but still a strong number. The best news in the report was wage growth, which grew at a pace of 2.9% year-over-year, and is the largest gain since 2009. The unemployment rate did tick…

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What’s a Central Alabama Home Depot employee have to do with the Bolivar?



Given the current state of its economy, Venezuela officially became a brand new member of a notorious club: the “hyperinflation club.” This is based on a method for identifying hyperinflation from economists Steve H. Hanke and Nicholas Krus, aptly named Hanke-Krus World Hyperinflation Table.…

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