I Spy with My Little Eye…ROBOTS!

I Spy with My Little Eye…ROBOTS!

If you take a cruise anytime soon, the bartender may not be able to lend an ear. According to Financial Times, one cruise line has installed robotic bartenders that produce one drink per minute per arm, and can make up to 120 drinks an hour. [7] It’s not just cruise...
Jobs Report – Good News or Bad?

Jobs Report – Good News or Bad?

WAS JOBS REPORT GOOD NEWS… OR WASN’T IT? The U.S. unemployment rate ticked higher last week. The September jobs report showed the United States added 156,000 new jobs in September. That was 16,000 fewer than economists were expecting and 11,000 fewer than...
Where’s the Business Investment?

Where’s the Business Investment?

WHY AREN’T AMERICAN BUSINESSES INVESTING? For quite some time, American consumers have made the largest contribution to U.S. gross domestic product (GDP) growth. During the second quarter of 2016, personal spending and exports made positive contributions to GDP. These...
Where Do Average Wages Stretch The Furthest

Where Do Average Wages Stretch The Furthest

WHAT ARE YOUR WAGES WORTH? We’ve written about The Economist’s Big Mac Index, which is a lighthearted way to gauge whether countries’ currencies are at the correct levels – just compare the price of a hamburger in each country. At the start of the year, you could buy...
The News Is More Good Than Bad

The News Is More Good Than Bad

So Why is Everyone Crying? There was bad news and good news in last Friday’s unemployment report. In the negative column, fewer jobs were created in the United States than economists had predicted, and January’s jobs gains were not as strong as December’s had been. In...
Full Employment

Full Employment

And, the Bureau of Labor Statistics (BLS) said… U.S. job growth surpassed expectations in October. About 271,000 jobs were created across diverse industries: professional and business services, health care, retail, construction, and others.  That was a significantly...