Is Inflation Really 1.6%, or Is the BLS Getting Scammed?

Government measures show that inflation, at 1.6% in January, is still below the Fed’s target of 2%. But commodity prices are soaring, and anyone who pays their household bills knows that food and energy prices are rising becaus…

What’s the Real Unemployment Number?

In January, job creation was anemic, yet unemployment plummeted. What gives? The answer lies in the quirky way the government decides who gets counted as part of the work force, who gets counted as officially unemployed and who…

People@Work: Construction Job Growth Is Slowly Rebuilding

New forecasts show that the worst may be over for the construction industry, which was hit harder by the Great Recession than any other sector, as construction projects slowly resume. Some 27% of construction firms say they pla…

As Fed Policy Sinks the Dollar, Prices of Essentials Soar

Intended or not, the Fed’s quantitative easing policies are destroying the dollar’s value. That’s pushing prices of commodities that Americans need — such as food, cotton and oil — ever higher. And it hurts companies as well …