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Macroeconomics – Chapter 20: Unemployment and Inflation

[Music] Caterpillar, Inc. fared well during the 2007-2009 recession due to the worldwide demand for construction and mining equipment. But by 2013, growth in developing countries slowed and the demand for Caterpillar’s equipment declined. The company announced in 2010 it would lay off 260 workers from its South Milwaukee plant. At the time of the layoffs, the U.S. unemployment rate…

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Korea’s food price inflation rate ranks in OECD’s top three for third straight month
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Korea’s food price inflation rate ranks in OECD’s top three for third straight month

Korea’s inflation rate for grocery prices has ranked in the top three among the 34 countries of the OECD for a third straight month. According to OECD data, Korea’s inflation rate for grocery prices was four-point-five percent in November from the year before,… which is the third highest after Mexico and Japan. Korea came in second in October, with a…

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2019 Pay Raise Information
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2019 Pay Raise Information

[music] Hello Birdville family. I would like to give you a brief update on the 86 legislative session. If you followed the session from January through May bouncing from the Senate back to the house, was much like a tennis match, wondering what the outcome would be. I would like to give more specifics than I’m able but it may…

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Devin Nunes Opens Investigation Of Inspector General and Dems Botched Impeachment
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Devin Nunes Opens Investigation Of Inspector General and Dems Botched Impeachment

House Intelligence Committee Republicans led by Devin Nunes are investigating the intelligence community inspector general for his role in the botched Dem impeachment. Specifically, they are investigating for his handling of the Ukraine whistleblower complaint. They are also looking at inconsistencies in his testimony. Adam Schiff should be nervous. From Fox News: Committee Ranking Member Devin Nunes, R-Calif., first told…

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