If Chicago is ever going to prioritize its children, an overwhelming majority of them lower income and minorities, the state will have to dramatically roll back its collective bargaining laws...
Major inflection points in consumer spending intentions have been a clear leading indicator to what awaits the US unemployment rate, and according to the latest data, Unemployment is set to spike to 5% in the coming months.
Last month, we concluded our analysis of the July Jolts by reminding readers that "JOLTS is 2 months delayed, so we wouldn't be surprised if next month's JOLTs is where the real ugliness lies." That's precisely what happened.