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Economic Update | March 5, 2021

Economic Update | March 5, 2021

• One of the more publicized and contentious sticking points of the incoming-Biden Administration stimulus package is the potential inclusion of a $15/h minimum wage. • According to the Congressional Budget Office, a strictly nonpartisan Agency, raising the minimum...
Economic Update | December 18, 2020

Economic Update | December 18, 2020

• The Civilian Unemployment Rate (U-3) fell from 6.9% in October to 6.7% in November. The 0.2% month- over-month decline is the slowest rate of improvement since the Spring shutdown. • While improvement is slowing, U-3 has recovered by 8.0% since April, when the rate...