Health/Food Posts Tagged as 'Economy'
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How Small Restaurant Owners Are Navigating the Labor Shortage
Every few weeks, it seems, a new photo goes viral on social media showing a sign in a restaurant window declaring: “This restaurant is closed because no one wants to work.” Restaurant owners have, for months now, been quoted in articles and TV news hits decrying the ongoing labor shortage, blaming the enhanced unemployment benefits enacted during the pandemic for disincentivizing returning to work.
But those benefits have expired in some states already — and some jobs data suggests ending them didn’t exactly lead to a wave of rehires.
How Small Restaurant Owners Are Navigating the Labor Shortage
Wages Are Going Up — And So Is Inflation. Consumer Prices Have Hit A 13-Year High
Restaurants’ Fragile Recovery Is Fizzling in the U.S.
Chick-fil-A Lawsuit Claims Raising Menu Prices on Delivery Orders Is Deceptive
Procter & Gamble to raise prices of more household goods
Here's why Zillow won't be buying any more homes to renovate and resell this year
Grocery store shoppers sound off on surging prices
Gas hits $7.59 a gallon in CA town
Tyson Foods plans further price hikes
Shoppers declare eggs a ‘luxury item’
Meat eaters get hit hardest as inflation sees grocery bills soar
Milk is more expensive according to 51 percent of those surveyed; for prepared foods it is 50 percent of those questioned and for seafood 49 percent.
A quarter said they are buying less red meat as a result of the price hikes. Meat prices rocketed by up to 25 per cent last spring, during the early days of the COVID-19 pandemic, when meat plans were hit by staff shortages caused by the virus.
They subsequently dropped, but Bloomberg's data suggests shoppers are once again feeling the pinch.
Morning Consult economist John Leer told Bloomberg: 'We’ve got these pockets of inflation without having corresponding wage growth, and that’s going to put consumers in a really tough spot.'
For Hispanic and black Americans, more than 40 per cent report spending more money on food since the start of 2021. For white Americans that figure is 30 percent.
Meat eaters get hit hardest
Italian restaurant in Philadelphia suburb is shut down after hepatitis A outbreak kills
Vegan Mom Convicted of Murdering 18-Month-Old Son by Diet
Eating “Healthy” Might Be Hurting Your Performance
Crazy vegan strips down
Villagers' rage as Russell Brand plans to turn their pub into a vegan restaurant
Man ENRAGES animal rights activists by calmly eating
Vegans and vegetarians depressed twice as often as meat-eaters
Americans' life expectancy continues to fall
USPS Is Getting Rid of This Service, Effective Immediately
In early April, the Postal Service stopped delivering mail to some residents in Santa Monica, California. According to CBS News, the USPS had suspending delivery service to one neighborhood after there had allegedly been several assaults on carriers delivering mail in the area by an individual who had not been apprehended. The agency reinstated its service to the block about a week or so later, the Santa Monica Mirror reported.
USPS Is Getting Rid of This Service, Effective Immediately
USPS Just Announced This Major Delivery Change
USPS increasing price of Mail Forever stamps
USPS Is Suspending These Services
RV owner parked in affluent Seattle neighborhood builds 'shack' on top of vehicle
Residents of the affluent neighborhood, which is filled with upscale bars and boutique shops, say their streets are now lined with RVs and tent encampments, and blame city leaders for failing to address the issue.
RV owner parked in affluent Seattle neighborhood
Updated: How Do Black People Spend Their Money? (The Racial Wealth Gap)
How black people spend their money has been a hotly debated topic not only on this site, but in our office, at social events and in beauty and barber shops across America. This article has been the most read and commented article for 9 years running. Once I learned that this was the most popular and discussed article on the website, I decided to do some research and share this information with others.
I predict that even after reading this article there a significant number of Black people who will NOT change their habits and work toward changing their situation. Over time, when things go unchallenged, they seem normal. After centuries of slavery, black people must realize that they need to work toward building generational wealth and learn to invest their money and establish Trust funds for their wealth that can be passed down to future generations.
Black Men In America
GERMAN ZOO SAYS IT MAY HAVE TO FEED ANIMALS TO OTHERS DUE TO CORONAVIRUS CRISIS
A zoo in Germany may have to feed some animals to others to cope with the financial impact of the novel coronavirus crisis, its director said.
Neumünster Zoo in northern Germany belongs to an association and is not entitled to financial relief from the county's state emergency fund for small businesses, the BBC reported. The zoo's director Verena Kaspari told German newspaper Die Welt that the zoo—which is home to more than 700 animals including polar bears, seals, and alpacas—will lose out on an estimated $190,000 (€175,000) in income this spring.
NYC has a penthouse problem, LA has a mansion problem, and Miami has a condo problem
Miami condos may boast ocean views and luxury living, but that's no longer enough to get them off the market.
Long a city for vacation homes and foreign buyers seeking safe investments, Miami is now faced with a surplus of condos, reported Candace Taylor for The Wall Street Journal. Its high-end real-estate market has slowed in recent years, with condo sales in Miami Beach decreasing by 24% over the past four years, she said.
The condo craze began in the early 2000s, Taylor reported. The market imploded during the financial crisis, but Latin American buyers — along with buyers from Europe and America — brought it back to life post-recession.
But what were once strong South American economies are now suffering, and Latin American buyers have less buying power in the US, according to Taylor. Their disappearance isn't the only factor driving the abundance of empty condos — the threat of rising sea levels and the preference for large houses are also shaping the trend, she said.
YOUNG PEOPLE ARE CHOOSING TO LIVE IN “PODS” INSTEAD OF APARTMENTS
Young people have long chosen to rent coworking spaces and take rideshares instead of buying cars.
Now, some are pushing the sharing economy to its logical conclusion: NPR reports that young people in Los Angeles — and other cities around the country — are choosing to rent small pods instead of an apartment.
Through a service called PodShare, young people are giving up the comfort of a private home for a bunk bed with shared kitchen and bathroom facilities.
The Affluent Homeless: A Sleeping Pod, A Hired Desk And A Handful Of Clothes
Forget That Social Security Increase, Seniors Are in Trouble. Here’s Why.
You might have heard that Social Security checks are going up 2.8% this year, the biggest rise in seven years. That translates into an average benefit of $1,461 a month, up $39.
While welcome, it’s necessary to remember that the increase is tied to inflation. Higher payouts will simply enable retirees to keep up with the rising cost of living. It doesn’t mean that anyone’s standard of living will go up—as if an extra $1.28 a day will do much in the first place. Think of a treadmill: You’re not going anywhere.
In fact, retirees and those who are eyeing retirement risk going in a different direction: backward. A study by the Schwartz Center for Economic Policy Analysis at the New School finds that about 40% of middle-class Americans will live close to or in poverty by the time they reach age 65. “Golden years?” For millions, it’s doubtful.
Loads of houses are up for sale -- but middle-class buyers are still shut out
Despite an uptick in homes on the market and weakening home sales across the country, home ownership is out of reach for a growing number of middle-class buyers, according to a recent report from real estate brokerage Redfin.
An analysis of U.S. homes on the market in 2017 and 2018 found that the number of affordable homes for sale has decreased in 86 percent of metro areas (of 49 included in the study), even as the number of homes on the market grew. While buyers normally benefit from better availability in competitive housing markets, it doesn’t help if the majority of available homes are priced for the wealthy.
“For the past few years, home prices have gone up faster than wages,” said Daryl Fairweather, chief economist at Redfin. “That kind of growth really isn’t sustainable. At a certain point, there won’t be enough buyers left for the homes left on the market.”
This is how much money you need to make to afford rent in every state
The rule of thumb on how much a person should budget for rent is 25% to 30% of monthly income. But due to inflation in property values and surging demand, affordable housing is increasingly becoming a pipe dream in some states.
Among the most expensive rental markets is the nation’s capital, where a person must make an average of $8,487 a month to rent, according to cost estimating site HowMuch.net.
In California, the richest state in the U.S. based on gross domestic product, the monthly income to afford renting a house is $8,313, followed by Hawaii at $7,806 and New York at $7,223.
Republicans admit they’ll slash Medicare, Social Security to pay for their tax cuts
Slowly but surely, Republicans that supported the trillion dollar Trump tax bill are revealing their true motivations: slashing Medicare and Social Security.
During a Sunday interview with CNBC’s John Harwood, Rep. Steve Stivers (R-OH) urged entitlement reform as the deficit continues to balloon as a result of the GOP tax cuts.
“I do think we need to deal with some of our spending,” Stivers said. “We’ve got try to figure out how to spend less.”
This High School Teacher Quit His Job to Deliver Groceries. Now He's Making $100,000 a Year
For the past two decades, Ed Hennessey has spent his days teaching high school and his nights picking up shifts at Blockbuster, Steak ‘n Shake and Target — “you name it, I’ve done it,” he jokes.
But as of this summer, Hennessey is retired from education. He’s found a much more lucrative job delivering groceries.
As millennials, especially Latinos and blacks, own fewer homes, wealth gap will grow
Angely Mercado, 26, who has a master's degree in journalism, makes a living as a freelance writer; she hopes to land a full-time job at some point.
The Queens, New York, resident was clear when she was asked where home ownership stood on her list of priorities. “I wish it could be higher, but it's not financially possible,” said Mercado, who describes herself as very budget conscious and someone who obtained scholarships so she wouldn't have student loans like so many young people her age.
Still, Mercado has to live with her parents in the home they own. She's part of a generation of millennials who are less likely than previous generations to buy homes, according to a new report from Better Mortgage, a digital lender focused on improving access to home finance, and the Urban Institute, a nonprofit organization with a focus on social and economic policy.
A Millionaire Mindset Never Made Anyone Rich
The past three decades of minimal real wage growth have led some people to wonder why they haven't gotten ahead. And in much the same way that nature abhors a vacuum, con artists hate missing an opportunity to separate suckers from their money. This might explain why we see a special class of self-help gurus -- none of whom were rich until they developed this particularly odious grift -- who have dedicated themselves to convincing people that if you only believe it, it can happen. Typical of the genre are platitudes like this:
What’s the main thing that separates the rich from the poor? Ask any of the financially free people, and they will tell you the same: their mindset.