Tuesday, April 16, 2024

Tag: Consumer Price Index

Consumer Spending, Labor Market Cool; Inflation Pattern Seems Similar to 1970s

Comparing the path of inflation during the 1970s and today, the numbers differ, but a similar pattern emerges. In both periods, inflationary pressures began building early when interest rates were low in the 1960s and 2010s, respectively.

CalChamber to Feds: Don’t Use California Approach on Overtime Exemptions

The U.S. Department of Labor (DOL) should not adopt California’s quantitative approach to determining whether an employee is exempt from overtime pay requirements, the...