The quits rate has returned to its 2018-19 average, while layoffs remain below pre-pandemic levels.
A cooling labor market without a rise in layoffs is a good sight to see. #JOLTS
"A little over a year after the passage of President Biden’s landmark climate bill...a disproportionate amount of wind, solar, battery, and manufacturing investment is going to areas that used to host fossil fuel plants."
CC: washingtonpost
"Wholesale prices paid to US producers unexpectedly declined in October by the most since April 2020, adding to evidence of abating inflationary pressures across the economy."
CC: @business
Homeownership rates for Gen X and Millennials, especially those without college degrees, have lagged behind earlier generations—though the gap is (slowly) closing.
The U.S. now experiences an extreme weather event in which damages and costs top $1 billion every three weeks.
That compares with every four months in the 1980s (adjusting for inflation).
https://t.co/6LQ7ZICeIb