The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Ridgewood NJ, in August, U.S. employers added 142,000 nonfarm jobs, falling short of the 161,000 jobs economists had predicted, according to new data released by the U.S. Bureau of Labor Statistics. Revisions to June and July’s job numbers showed a more significant slowdown than initially reported. June’s figure was revised down to 118,000 from 179,000, and July’s to 89,000 from 114,000.
Continue reading Summer Slowdown: US Job Growth Slows in August
the staff of the Ridgewood blog
Ridgewood NJ, it’s becoming increasingly difficult for Americans to secure a job, as the latest data from the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS) shows a concerning decline in job openings.
Continue reading Job Market Woes: July Sees Job Openings Fall to Lowest Since 2021
the staff of the Ridgewood blog
Ridgewood NJ, the Heritage Foundation has released its new Index of Economic Freedom for 2024, offering a detailed look at how countries around the world measure up in terms of economic liberty. While these rankings may overstate the extent of America’s decline, it’s clear that the nation’s shift towards socialism is a reality that can’t be ignored.
Continue reading USA Drops to 25th Place in Economic Freedom
Running a business, regardless of its size, involves navigating a complex landscape of legal challenges. These challenges, ranging from contract disputes to regulatory compliance, can significantly impact your company’s growth and sustainability. Without a reliable lawyer by your side, you expose your business to unnecessary risks that could potentially lead to severe financial losses or even the dissolution of your enterprise. Investing in legal expertise is not merely a precaution but a fundamental aspect of responsible business management.
Continue reading Running a Business? Here’s Why You Need a Reliable Lawyer
the staff of the Ridgewood blog
Ridgewood NJ, in the evolving world of pension politics, BlackRock has undergone a significant transformation. Once a leading advocate for prioritizing environmental, social, and governance (ESG) considerations over investment returns, BlackRock has notably pulled back from its previous stance. The investment giant, which once spearheaded the push for ESG, now appears more skeptical than many of its peers.
Continue reading BlackRock Shifts Focus: From ESG Champion to Skeptic
the staff of the Ridgewood blog
Ridgewood NJ, in a highly anticipated keynote address at the Federal Reserve’s annual retreat in Jackson Hole, Wyoming, Fed Chair Jerome Powell set the stage for potential interest rate cuts, though he stopped short of providing specific details on timing or scale.
“The time has come for policy to adjust,” Powell stated, indicating a shift in the central bank’s approach. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.”
Continue reading Fed Chair Jerome Powell Signals Potential Interest Rate Cuts
the staff of the Ridgewood blog
Ridgewood NJ, the US government has dramatically reduced its estimate for the number of jobs added in the past year by a staggering 818,000. The revised figure now stands at approximately 2.1 million jobs added from April 2023 to March 2024, marking a significant 28% downward adjustment from the previously reported 2.9 million.
Continue reading Major Revision in US Job Growth Estimates Reveals 818,000 Fewer Jobs Added
In today’s competitive market, exceptional customer service can be the key differentiator that sets a business apart. With customer expectations rising, delivering service that goes beyond the norm is not just an advantage; it’s a necessity. Here’s how you can elevate your customer service to exceed expectations and build lasting customer loyalty.
Continue reading Beyond Expectations: Techniques for Delivering Exceptional Customer Service
the staff of the Ridgewood blog
The electric vehicle (EV) industry, once heralded as the future of automotive innovation, seems to be shifting into reverse. Despite the enthusiastic push from politicians like Joe Biden and European Greens, the market is faltering as more mandates push consumers and companies into a corner.
Continue reading The EV Industry’s Unexpected U-Turn: A Case of Politically Driven Failures
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left right marriage gap
the staff of the Ridgewood blog
Ridgewood NJ, the divide between the left and right in America extends beyond ideological differences, permeating cultural and lifestyle choices. Recent data reveals that liberals are less likely to have or want children, exhibit lower levels of patriotism, and, according to new findings from Gallup, are less likely to be married.
paying people not to work results in them not working , gee wiz
the staff of the Ridgewood blog
Ridgewood NJ, a recent study by the National Bureau of Economic Research (NBER) delves into the effects of providing low-income individuals with $1,000 per month in non-work related payments over three years. The findings raise significant questions about the impact of such policies on recipients’ behavior.
the staff of the Ridgewood blog
Ridgewood NJ, many commentators complained over our rosy coverage of Thursday GDP numbers , after all it is hard to get excited about the economy when a bag of Doritos cost $6.
Continue reading Questioning GDP: Why Government Spending Shouldn’t Inflate Economic Health
8:30 a.m. (ET) Friday, July 5, 2024
the staff of the Ridgewood blog
Ridgewood NJ, total nonfarm payroll employment increased by 206,000 in June, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today.
Continue reading Government Jobs Lead Job Growth while Unemployment Ticks Up Slightly
The cornerstone of a prosperous venture resides in meticulous planning and foresight. Entrepreneurs seeking financial backing, particularly in the form of loans, recognise the paramount importance of crafting a robust business plan. Beyond serving as a navigational tool for the enterprise journey, such a plan emerges as a persuasive instrument when engaging with potential lenders. The significance of thorough preparation cannot be overstated in today’s ever-evolving enterprise terrain, characterised by fierce competition and fluctuating economic conditions.
Continue reading The Power of Preparation: Building a Business Plan to Secure Your Loan
the staff of the Ridgewood blog
Ridgewood NJ, in a surprising turn, the Consumer Price Index (CPI) for May remained flat, defying expectations of a 0.1% increase and stalling from April’s 0.3% rise, according to the Department of Labor. Core CPI, which excludes volatile food and energy prices, also showed signs of easing, rising by just 0.2% compared to the anticipated 0.3%.
Continue reading CPI Report Brings Mixed Signals: Inflation Eases but Fed Remains Cautious
