Come Memorial Day weekend, Steve Pastusak, general manager of Jolly Roger Amusements, in Ocean City, Maryland will be thrilled as ever to have his regular flow of guests back at the company’s four amusement parks, which include boardwalk rides, a water park, and the largest go-kart facility on the east […]
New orders and employment tumbled in March at the quickest speed since 2009, signaling a tough road ahead for U.S. manufacturers. March’s Institute for Supply Management’s report on business declined to 49.1%, an indication of contraction for the U.S. economy. The index, based on a survey of U.S. manufacturing companies, […]
After completing her master’s degree in advertising in 2018, Camila Del Pilar thought that getting a job in her field would be easy. It wasn’t. A year has passed, and Del Pilar is working as an administrative assistant in a non-profit organization, since she hasn’t been able to find any […]
At the end of this month, the Economic Development Bank of Puerto Rico (EDB), will publish March’s Economic Activity Index (EAI) of the island. This release comes, after the last report shows a stagnant economy, due to the delay hurricane relief funds. Economist are not only going to be taking […]
When President Trump visited Florida last month, he highlighted one achievement in particular: the economic progress made by Hispanics, a group that has strongly opposed Trump because of his immigration policies. The unemployment rate for Hispanics had hit 4.8 percent in October, a record low, and has remained at about […]
Unemployment fell in April to the lowest level since 2000, signaling the continued strength of the U.S. economy as the longer-than-expected recovery stretches on. The U.S. unemployment rate fell to 3.9 percent last month, down from 4.1 percent in March, the Labor Department said Friday. Meanwhile, employers added a total […]
The consumer price index is expected to show no increase in the report to be issued Wednesday by the Labor Department. But the more trend-worthy annual number is likely to increase from 2.1 to 2.3 percent and indicates that consumer prices around the economy are on a slow but upward […]
The February jobs report to be released tomorrow should answer analysts’ biggest question: are workers finally seeing sustained wage growth, or is low workforce participation slowing things down? Last month’s report showed 200,000 jobs added and a 4.1 percent unemployment rate. Wage growth has lagged during the recovery, finally ticking […]
President Trump announced the renegotiation of the North American Free Trade Agreement [NAFTA] to congress this month. The agriculture industry will be the sector most affected, but some are hopeful that through Trump’s decision to renegotiate and not withdraw from NAFTA, a better deal will surface for Americans all around. […]
Job growth rebounded this month after a significant dip in March, easing fears that the economy may be weakening, and the unemployment rate remained steady at its lowest level in a decade. Hiring picked up sharply in April with the Bureau of Labor Statistics reporting Friday morning that the U.S. […]