Category Archives: Economy

Holiday Sales Look Stronger This Year

The holiday selling season got off to a strong start on Black Friday but the results were mixed when comparing online versus in-store sales. Online spending for Black Friday, the traditional start of the holiday selling season, was up 16.9 … Continue reading

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Job Openings – Facts and Figures

The median number of days of 65,167 job postings in Richmond was 27 days, meaning that 32,583 get filled in less than 27 days and the remainder take longer. Continue reading

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Some Manufacturing Sectors Are Doing Well

Most people probably wouldn’t be too surprised to learn that employment at online retailers or internet publishing and web search portal firms grew at a double-digit annual average pace over the last 10 years ending with 2016.
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The End is Near (sort of)

Ten years ago, the main concern for the Social Security Trust Fund was that dedicated tax revenues would fall below program costs starting in 2017. That has come to pass. According to the Trustees of Social Security and Medicare, Social … Continue reading

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Labor Force Participation Lowest in Decades

As we celebrated the achievement of American workers on this Labor Day, we shouldn’t forget those who are left out of the labor market. The labor force participation rate, which is the percent of the civilian population 16 years and … Continue reading

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