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Data, 
Economy, 
Trends, 
Analysis

The Five Horsemen of a Recession

On July 28th the Bureau of Economic Analysis (BEA) reported that real Gross Domestic Product (GDP) declined at an annual rate of 0.9% for the second quarter of 2022, marking the second consecutive...
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Data, 
Economy, 
Trends, 
Analysis

Gas Prices are Going Down - Will this Continue?

Consumers are facing some relief as gas prices have been on a downward trend since mid-June. The national average price of gas is currently $4.19 per gallon, $0.63 lower than the average of $4.82 per...
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Data, 
Economy, 
Trends, 
Analysis

Reevaluating Measures of Poverty

Fifty years ago, in 1972, the official U.S. poverty rate was 10.2%. Now, in 2022, it remains at 10.2% (see Figure 1).[1] Can this be true? Have we made no progress in bringing down poverty? Over the...
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Data, 
Forecasting, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Plus, 
Pro

The Probability of a Recession in Late 2022 is Over 50%

Gross domestic product (GDP) recently contracted in the 1st quarter of 2022, with the economy declining at a 1.6% annual rate after increasing 6.9% in the 4th quarter of 2021. Both trade and...
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Workforce, 
Data, 
Forecasting, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Plus, 
Pro

Has Labor Force Participation Recovered from the 2020 Recession?

The labor force participation rate has not returned to its pre-pandemic level despite quick recovery in other parts of the economy. The most recent data from June 2022 puts the participation rate at...
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Workforce, 
Data, 
Forecasting, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Consulting, 
Staffing, 
Plus, 
Pro

A look at Diversity, Equity, & Inclusion Policies in Corporate America

Diversity, Equity, and Inclusion (DEI) practices are becoming increasingly important in organizations and companies across the United States. Corporate America has been turning its attention to...
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Data, 
Forecasting, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Consulting, 
Staffing, 
Plus, 
Pro

Inflation, Supply Chain Issues Dampen 4th of July Celebrations

It seems likely that more people will be celebrating Independence Day on Monday than did in 2020 or 2021, but rising prices are expected to keep celebrations from reaching pre-pandemic levels again....
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Data, 
Forecasting, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Consulting, 
Staffing, 
Plus, 
Pro

How are Americans Celebrating Father’s Day? | Chmura

With inflation jumping to 8.6% over the last 12 months ending with May 2022 and eroding consumer spending power, what gifts can dads expect this year? How much will their children spend on them? The...
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Economic Impact, 
Data, 
Forecasting, 
Trends, 
Analysis

Economic Impact: Online job ads in Virginia show increase in wages & sign-on bonuses

This article was originally published in the Richmond Times Dispatch on June 11, 2022.  With talk of recession increasing, analysts are scrutinizing all the economic indicators for signs of a...
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