Average hourly earnings were up a seasonally adjusted 0.4% in March, following February’s relatively weak 0.1% rise. In the previous six months, by contrast, monthly wage gains averaged 0.5%.
For every 10 jobs that exist in leisure and hospitality, there’s a job opening with hotel employment in the U.S. 20% below where it was pre-pandemic.
Drivers are snatching up available vehicles as soon as they hit the lot. In the first quarter, 41% of all new vehicles were sold within the first week of sitting on a dealer lot, compared with 20% in the first quarter of 2021.
The average mortgage rate on a 30-year home loan surged past 4% for the first time in three years in March.
About 80% of people subject to mandatory retirement account distributions withdraw more than the required minimum because they need the money.
Big corporate travel-management companies are hovering around 50% of 2019 booking levels, much of which is due to the lack of international travel.
The value of a typical U.S. home in 2021 was $321,634, an increase of $52,667 from 2020.