Commentary When I was 15, I had a wonderful time working at a local fish restaurant. I was a busboy and dishwasher and super proud of my job. Scrubbing pots and wiping down tables was a job of enormous responsibility. Leaving grease and sticky stuff on plates and seats was a sure way to drive…

Commentary Hiring remains strong. Some have pointed to this recent robust jobs growth as a reason to downplay other signs of economic weakness and dismiss talk of a recession. At least one headline used the jobs figures to forecast a “soft landing” for the economy. But a deeper look into the production figures points to…

News Analysis The massive influx of illegal immigrants over the past year appears to be the most plausible cause of a major employment statistic growing increasingly inaccurate. If that is so, the error should be remedied come February. In fiscal 2022, Border Patrol was aware of some 2.8 million illegal border crossings—a historic number. Less…

The United States is seeing economic trends not witnessed since the Great Depression, including with its falling GDP. While there are various estimates on the crisis, it’s projected to last for years before real improvements are seen, and early estimates didn’t take into account unforeseen events such as ongoing lockdowns in China or Russia’s war…

The United States is seeing economic trends not witnessed since the Great Depression, including with its falling GDP. While there are various estimates on the crisis, it’s projected to last for years before real improvements are seen, and early estimates didn’t take into account unforeseen events such as ongoing lockdowns in China or Russia’s war…

The United States is seeing economic trends not witnessed since the Great Depression, including with its falling GDP. While there are various estimates on the crisis, it’s projected to last for years before real improvements are seen, and early estimates didn’t take into account unforeseen events such as ongoing lockdowns in China or Russia’s war…

Since last Wednesday—when the Federal Reserve rate decision dropped at 2:00 p.m. EST—to the market close on Friday, the Dow Jones Industrial Average slipped 4.2 percent and the S&P 500 Index fell 4.9 percent. While most business columnists put those declines mostly on the Fed’s rate increase, a deeper dive speaks to a more negative…

The jobless rate is expected to remain in record-low territory heading toward the end of the year as the battle to hire workers rages on. In October 32,200 jobs were added to the economy, driving the jobless rate back to 3.4 percent from 3.5 percent in September. The unemployment rate is expected to remain in…

Commentary The debate over the state of the economy has quieted. With the midterm elections done, the side claiming that a recession had already begun has less need to make its case, while the other side has less need to refute it. But if the politically obsessed have turned away from such matters, economics still…

The centre-left Labor government looks like it has secured the necessary votes to pass its controversial industrial relations bill in parliament after crunch negotiations on Saturday with a key Senate crossbencher.  Workplace Relations Minister Tony Burke says he is confident the amendments to existing workplace relations law, which enshrine multi-employer bargaining, can pass after talks…