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Oil and Gas Industry Can’t Hire Workers Fast Enough

Oil and Gas Industry Can’t Hire Workers Fast Enough

by Sharif Paget | May 23, 2018 | Consumer Price Index, Economy, Featured, Jobs, Newest, Oil and Gas

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...
Unemployment Cracks 4 Percent as Labor Market Continues to Tighten

Unemployment Cracks 4 Percent as Labor Market Continues to Tighten

by Sharif Paget | May 7, 2018 | Economy, Featured, Jobs, Newest

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 in This Month’s Consumer Price Index

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

by Sharif Paget | Apr 11, 2018 | Autos, Consumer Price Index, Economy, Featured, Jobs, Newest

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...
Ridesharing Drivers Feel the Weight of Rising Gas Prices

Ridesharing Drivers Feel the Weight of Rising Gas Prices

by Sharif Paget | Mar 27, 2018 | Autos, Consumer Price Index, Economy, Newest

Chris Leonardo started driving for ridesharing apps, such as Uber and Lyft, three years ago in San Fernando Valley, CA. Today, he pays almost twice as much to fill up his tank. But the ridesharing companies don’t reimburse him for gas, and the apps’ rates have...
Inflation Kept in Check in February

Inflation Kept in Check in February

by Sharif Paget | Mar 18, 2018 | Autos, Consumer Price Index, Economy, Jobs, Newest

Investors breathed a sigh of relief after February’s small increase in consumer prices were released, easing concerns over inflation and faster interest rate hikes by the Federal Reserve. The consumer price index rose by 0.2 percent, right in line with economist...
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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.
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