“There are different ways of thinking about the inflation issue, and economists by default tend to think about macroeconomic issues such as inflation in macroeconomic terms,” said Isabella Weber, an economist at UMass Amherst. “In this current situation that we are facing, we basically have very strong micro dynamics, that is dynamics on the level of specific sectors that translate into a more general kind of price pressure.”
Eggs don’t paint the full inflation picture in the US, but they do a part of it — it’s more expensive to feed chickens and move eggs around, so it’s more expensive to produce and move eggs, so it’s more expensive for consumers to buy eggs.
Inflation explained with eggs
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Unemployment and Occupation
Unemployment has hit some industries more than others. Here’s how the most recent estimates compare against last year’s.
When People Find a New Job
Looking at the 100 most common jobs people switched to, a timeline comes into view when we adjust the relative switch rates by age.
Firearms Dealers vs. Burgers, Pizza, and Coffee
As of May 2016, there were 64,432 licensed firearms dealers and pawnbrokers, which got me wondering how that compares to other businesses.