Tag: inflation

Who’s hiring Houston: ABC13 and Workforce Solutions job fair tackles worries about inflation and recession!

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Houston, Texas (KTRK) – With recession and inflation fears, the ABC13 Who’s Hiring job fair will look at how to navigate this period, and you can land a job, too. At 10 a.m., we’re partnering with Workforce Solutions to host a virtual job fair. During the event, recruiters will receive calls, social media messages and online applications to match people to jobs. If you apply, you can have an interview in a matter of days. Jobs pay at least $15 an hour, and employers involved in the event are motivated…

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US consumer inflation slowed to a still-high 8.2% over the past 12 months, keeping pressure on households!

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Inflation accelerated in the United States in September, as the cost of housing and other necessities added pressure on households, wiping out wage gains for many and ensuring that the Federal Reserve would keep raising interest rates aggressively. On Thursday, the government said consumer prices rose 8.2% in September from a year earlier. On a monthly basis, prices rose 0.4% from August to September after rising 0.1% from July to August. However, with the exception of the volatile categories of food and energy, so-called core inflation jumped last month –…

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Social Security recipients to get biggest benefit boost in 40 years!

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Millions of Social Security recipients will receive an 8.7% increase in their benefits in 2023. This is a historic increase and welcome news for American retirees and others – but it has been tempered by the fact that it is fueled by record-high inflation that has driven up the cost of everyday living. The cost-of-living adjustment means the average recipient will receive an extra $140 per month starting in January, according to estimates released Thursday by the Social Security Administration. The benefit increase will be coupled with a 3% decrease…

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US inflation: Texas governments ponder property tax rate increases as they balance budgets!

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Jasper, Texas – Every summer, Jasper County Judge Mark Allen begins to worry about two very different storms brewing: hurricanes and the county budget. The video above is from a related story. Allen and thousands of other local government officials across Texas entered this year’s budget season facing historical inflation rates and a severe labor shortage. Complicating the budget process, provinces and other tax agencies say they cannot raise taxes to cover the rising costs of employee salaries and raw materials because their hands are tied by public pressure and…

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Biden struggles, as does his party, as most Democrats look elsewhere for 2024: POLL!

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With his party struggling in the midterms, his economic leadership being heavily criticized and his overall job approval at less than 40%, a clear majority of Democrats in a recent ABC News/Washington Post poll say the party should replace Joe Biden as the presidential candidate in 2024. In the upcoming November midterm elections, registered voters divide 47%-46% between the Republican and Democratic candidate in the House district, historically not enough to prevent typical losses in the first half of the period. A potential voter model has a Republican-Democratic split of…

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US gas prices tick up, ending 99-day streak of lower costs!

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The 99-day slump in gasoline prices – a streak that gave consumers a glimmer of hope that smoldering inflation might subside – is over, with pump prices still much higher than they were a year ago. The national average price of a gallon rose by less than a penny on Wednesday, to $3.68 a gallon, according to the AAA. This is below the record average of $5.02 in mid-June. The question now is whether Wednesday’s surge was just a passing picture or a prelude to a return to high prices.…

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Labor shortage 2022: Since the COVID-19 pandemic, workers look for better benefits and have an interest in unions!

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Houston, Texas (KTRK) – This Labor Day, labor shortages and the epidemic are bringing better benefits to workers, and tempting more to look at unions. Labor Day is more than the end of summer, it is a celebration of a movement that brought change workers to enjoy the day. Students in a pre-professional program in Houston Bay Coast Building The Building Trade Council Get hands-on experience of what it’s like to work in occupations. “They bring in 14 crafts,” Mellon Ingram recalls. “The engineers talk to you. You can talk…

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America’s employers slowed their hiring in August in the face of rising interest rates!

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Washington – US employers slowed hiring in August in the face of rising interest rates, high inflation and slowing consumer spending, all of which dampened the outlook for the economy. The government reported Friday that the economy added 315,000 jobs last month, down from 526,000 in July and below the average gain of the previous three months. The unemployment rate rose to 3.7%, from a half-century low of 3.5% in July, as more Americans moved away from the sidelines to look for jobs and did not immediately find work. The…

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Sam’s Club is raising its membership by $5!

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Add Sam’s Club membership to your list of subscriptions that are getting more expensive. The Warehouse Club, owned by Walmart, announced Wednesday that it is raising its annual membership fee by 11% — from $45 to $50 — starting in October. It’s the first fee change in nine years. The cost of the Premium membership plan will also increase from $100 to $110 for the first time since the plan was introduced in 1999. Sam’s Club said it will offer $5 rewards to shoppers with a basic membership and $10…

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Starbucks’ Pumpkin Spice Latte is coming back at a higher price!

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Even Starbucks’ Pumpkin Spice Latte isn’t immune to inflation. The fall favorite, which returns on Tuesday, is increasing in price, with a hot, oversized PSL costing customers between $5.45 and $5.95 depending on location — an increase of about 4% compared to 2021. This is in line with broader price increases at Starbucks and other chains, All of which led to a gradual increase in menu prices over the past year due to inflationary pressures. PSL, as it is often referred to, has been a popular item on the Starbucks…

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