According to a Fed report, expectations regarding salaries among American workers hit a record high in November, with younger people expecting the most. “The average reservation wage—the lowest wage respondents would be willing to accept for a new job—increased from $72,873 in July to $73,667 in November, the highest reading…

Amid widespread layoffs and hiring freezes under Democrat President Joe Biden's economy, around 50 percent of American workers say they plan to quit their jobs in 2023, new data shows. The uncertain economy is driving key players in the tech, automobile, media, and food industries to make unprecedented cutbacks in…

A new Fed report has revealed that Democrat President Joe Biden's administration overestimated America's recent job growth by a staggering 10,600 percent. The Federal Reserve Bank of Philadelphia reported that the Biden admin's Bureau of Labor Statistics (BLS) massively overestimated the number of jobs added nationwide from March through June…

An influential donor to Democrat President Joe Biden has claimed that the idea of preserving domestic manufacturing is a "fetish." Top Washington D.C. think tank head and Democratic Party financier Adam Posen argues that people oppose offshoring because they want to keep "white males with low education in the powerful…

Democrat President Joe Biden has boasted that he has created "668 manufacturing jobs" in America since taking office. Biden gloated about his economy during a Thursday speech in Poughkeepsie, New York. The president had traveled to the city to tour the IBM facility. During his visit, Biden delivered remarks on…

FedEx has sounded the alarm on a global recession and revealed that it will be closing multiple stores amid “significantly worsened” economic trends. The company's CEO Raj Subramaniam made the comment during an interview with CNBC’s Jim Cramer on Thursday. He was asked by Cramer if he believed the economy…

The U.S. federal government has produced higher than expected jobs numbers by double-counting figures this year, a top economist has stated. Throughout this year, the monthly jobs reports have been repeatedly topping market estimates. The July and August non-farm payrolls (NFP) reports showed 528,000 and 315,000 new jobs, respectively. The…

Democrat President Joe Biden is celebrating the better-than-expected July jobs report, calling it “the result of my economic plan to build the economy from the bottom up and middle out.” The White House had initially anticipated a lower figure ahead of the report's Friday release. However, the Biden administration…