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Sponsored by: OTELCO, a fiber internet provider
Economic inflation is inflating economic worry these days.
Nationwide, prices were up 0.9% from September to October, and are up 6.2% since October 2020.
The trend may stem partly from measures intended to stave off what could have been a full-fledged depression due to the pandemic. The trillions of dollars injected by the federal government have started to turn around the economy. But businesses haven't always been able to adjust production as fast as people can spend.
Now some critics wonder if the cure is worse than the disease.
Sponsored by: OTELCO, a fiber internet provider
Economic inflation is inflating economic worry these days.
Nationwide, prices were up 0.9% from September to October, and are up 6.2% since October 2020.
The trend may stem partly from measures intended to stave off what could have been a full-fledged depression due to the pandemic. The trillions of dollars injected by the federal government have started to turn around the economy. But businesses haven't always been able to adjust production as fast as people can spend.
Now some critics wonder if the cure is worse than the disease.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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If you don't get a raise greater than 6.2%, then you are working for less than you made last year. We are just starting to see the tip of the iceberg of our next financial crisis!