Economic News

  • Thread starter Thread starter nycfan
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Tech firms have been leading the cuts for 4 years straight. I swear if I can just get these next 11 years done, I almost want to wish part of my life away to get out and get to retirement
 
aGDevil2k said:
Tech firms have been leading the cuts for 4 years straight. I swear if I can just get these next 11 years done, I almost want to wish part of my life away to get out and get to retirement
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I have had several friend with 40ish type Kids that jumped right into IT jobs out of college All of them work for large contractors that do work for the Dept of Defense..I think about their future careers when I see posts like this...Don't get me wrong I think about aGDevil2k also.......
 
nycfan said:
Yeah, PPI (sometimes aka wholesale CPI) is broader than CPI and measures price increases at the production level. It also includes more stuff than products headed for retail (like services), while CPI measures changes in what consumers were paying for retail items last measurement period in sampled areas (urban).
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I just heard one of the hosts on CNBC say that 80% of this increase was attributable to services (haven’t verified). That wouldn’t seem to be driven by tariffs.
 


"Of all the people Trump could have picked to run the BLS, he picked a guy who either doesn't understand or regularly misrepresents labor and economic statistics, who found himself in the crowd outside the Capitol on Jan. 6, and who chose to do media appearances in front of a giant poster of a Nazi battleship."
 
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