U.S. non-farm labor productivity sank 4.6 percent, at a seasonally adjusted annual rate, in the second quarter of 2022, 3 percent below the decline in the previous quarter, according to a U.S. Bureau of Labor Statistics report on Aug. 9. U.S. non-farm business output, which is about 75 percent of U.S. gross domestic product (GDP), decreased…
US Labor Productivity Suffers Biggest Drop on Record in the Second Quarter of 2022
Net Zero to Bring Down Employment and Economic Output: Report
A new report has found that hundreds of thousands of jobs will evaporate in parts of Australia if the country cannot meet the requirements set by its emission-busting trading partners. Researchers Toby Phillips and Warwick Smith, from the Centre for Policy Development, an independent policy institute, published detailed modelling on Jan. 31 that found if the…
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- Nicholas DolingerA new release by Rasmussen shows consumer confidence in the U.S. economy increasing slightly from last month, but the economic outlook remains far below the pre-COVID-19 pandemic economy. The latest… [...]
- Jackson ElliottUnless trust is restored, the FBI’s Mar-a-Lago raid may begin the “collapse” of American law enforcement, police expert Michael Letts said. Over the past few years, the FBI has acted… [...]
- Bryan JungAmericans are paying $717 more on average per month because of the highest inflation in almost 41 years, according to an Aug. 12 report from the Joint Economic Committee Republicans.… [...]
- Daniel Y. TengU.S. investment giant BlackRock will invest $1 billion (US$701 million) into Australian battery projects after agreeing to acquire Melbourne-based Akaysha Energy. Akaysha currently has nine projects across the country, with… [...]
- Zachary StieberFBI Director Christopher Wray has followed federal guidelines on using government aircraft for personal travel, according to the bureau. “The FBI Director travels by government aircraft due to the FBI’s… [...]
- City News ServiceCARLSBAD, Calif.—One person was killed Aug. 15 and two others were seriously hurt when a motorcycle crashed into a bicycle on an ocean-front street in Carlsbad, authorities reported. The fatal… [...]
- Rudy BlalockThe Orange County Board of Supervisors Aug. 9 extended County Executive Officer Frank Kim’s contract by 2 years, and raised his salary by $66,000 per year. His contract, which was… [...]
- Matthew VadumLegal experts told The Epoch Times the seizure of former President Donald Trump’s passports during the FBI’s Aug. 8 raid of Mar-a-Lago seems legally questionable. The law enforcement agency will… [...]
- Julianne FosterEligible public service workers in California have until Oct. 31, 2022, to apply for federal student loan forgiveness. Nearly 1 million Californians can take advantage of this debt relief, but… [...]
- David ZhangThe World Economic Forum (WEF) publishes a new censorship piece. Much like China, it wants to have a “one world government” formula rooted in communism. What else? I break down… [...]