What Would Minimum Wage Be Adjusted For Inflation 2021?

Consumer prices rose 5.3 percent in August compared to the previous year, causing some anxiety as the economy recovers from the pandemic. Food prices at home increased by 3%, while food prices away from home (i.e. restaurants) increased by 4.7 percent, according to the Bureau of Labor Statistics’ latest release this week. Rents and energy […]

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What Does A Recession Do To The Economy?

Recessions are defined as periods of broad reduction in economic activity and economic performance measures. Credit conditions are tightening, demand is slowing, and there is pervasive anxiety and uncertainty. Smaller enterprises with limited access to financial and equity markets are less likely to be bailed out by the government. What happens if the economy tanks? […]

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