Puerto Ricans Alleviate Shortage Within Certain Professions in the States

Sharlene Morales felt guilty being in her Florida hotel. There, she had water, light, and air conditioning. In Puerto Rico, her husband and child had limited access to clean water, the light posts were on the ground, and there were mile-long lines for gasoline in the...

Oil and Gas Industry Can’t Hire Workers Fast Enough

Back in 2014, the oil industry was booming and companies could have their pick of workers. Now it’s booming again, but workers are much harder to come by. The oil industry is struggling to find enough workers in the tight labor market. Companies that could once grow...

Marijuana is a budding industry. Can it be scaled?

When Cody Stevenson was medically discharged from the Marine Corps, he was diagnosed with post-traumatic stress disorder. He didn’t like the medications he was given, and he self-medicated with alcohol. On a trip to Jamaica, he discovered that marijuana alleviated his symptoms.

With rising trade tensions, U.S. online-only sellers look elsewhere from China

Rex Bledsoe, 61, first heard about the U.S. tariffs on Chinese goods on a tour bus in Bogotá, Colombia. He was heading back to his hotel from a state-sponsored trade show for textiles, when another passenger shared the news to the suppliers and buyers on the bus....

Reducing the safety net will hurt low-income children

A few years ago, Arlene Nieves, 34, was struggling to get by as the single mother of three young sons. Over half of the $300 a week she made working at Publix, a supermarket chain in Sarasota, Florida, went to paying for childcare. She received food stamps but still...

After a near decade high last month, the trade deficit narrows in March

After a near decade high in February, the U.S. trade deficit fell in March, but mostly because of a spike in service imports from the 2018 Winter Olympic Games. The trade gap narrowed to $49 billion in March, falling $8.8 billion from $57.7 billion in February....

Unemployment Cracks 4 Percent as Labor Market Continues to Tighten

The unemployment rate fell to its lowest level in 17 years in April as the economy’s record-shattering streak of adding jobs continued. Significant wage growth, however, remains elusive. The jobless rate crossed the 4 percent threshold and clocked in at 3.9, the...

Five Things to Watch For in Tuesday’s Case-Shiller Index Report

For homeowners, the report will likely be a sign that their net worth is increasing. But it may paint a bleak picture for buyers on a budget — especially in major cities.  

Five Things to Watch in This Month’s Consumer Price Index

The Labor Department will release its consumer price index Wednesday, following a lackluster jobs report and the Federal Reserve’s decision to only raise interest rates three times this year. The median economist forecasts show CPI will be unchanged in March, which...

Puerto Ricans Encounter Lack of Affordable Housing in Orlando

House remains in Naguabo, Puerto Rico, after Hurricane Maria. Photo: Vanessa Colón Almenas When Miried González-Ramírez and her son left Puerto Rico for Florida in October, they left behind the dangers of the storm-ravaged island only to discover another problem:...

Welcome to Issue Number One

Welcome to Issue Number One, a site covering economic trends. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.