Economic optimism rises as U.S. job market adds 206,000 jobs
The unemployment rate rose slightly, but employment increased by more than 200,000. (iStock) The U.S. job market is gradually stabilizing, as evidenced by the addition of 206,000 jobs in June. According to the Bureau of Labor StatisticsIndustries driving this growth include government, healthcare, social assistance and construction. Despite the increase in employment, the unemployment rate […]
The Multiyear Decline in US Economic Freedom
Estimated Reading Time: 3 minutes AS economic freedom in the world has plunged in recent years, due mainly to the interventions and fiscal-monetary profligacy associated with COVID shutdowns, mandates, and subsidies. The global measure is given in Figure One. This is a significant reversal of freedom’s increase between 2010 and 2019. But the downtrend is […]
COVID pandemic caused $18T in economic damage to US: report
A new report by the Heritage Foundation’s bipartisan Commission on China and COVID-19 says the COVID pandemic has cost the United States $18 trillion in economic losses and holds the Chinese government responsible. After accounting for the various impacts the pandemic has had on the economy, the report, which FOX Business has seen exclusively in […]
Commission finds COVID pandemic caused $18 trillion in economic damage to US
Speaking on “The Bottom Line,” Fox News contributor Dr. Nicole Safia reflects on the media’s fear-mongering around COVID-19 four years into the pandemic. According to a new report by the Heritage Foundation’s bipartisan Commission on China and COVID-19: COVID pandemic It caused an economic loss of $18 trillion to the United States and held the […]