Economy
7 articles

Federal Reserve Holds Rates Steady Amid Economic Uncertainty
During his inaugural Federal Reserve meeting, Kevin Warsh's influence was palpable.

US construction starts surge to $1.33T annual rate in April
US construction starts surged to a $1.33 trillion annual rate in April 2026.

Vocational Training Investment Key to Skilled Labor Shortage
The U.S. faces a staggering annual deficit of 1.7 million skilled-trade workers, a gap threatening to stall critical infrastructure and economic growth across multiple sectors. Annually, 2.9 million s

Canada Invests $6 Billion to Address Skilled Trades Labor Shortage
The Canadian government commits up to $6 billion over five years to address the skilled trades worker shortage, according to Daily Hive .

Skilled trades shortage strains economy, new training initiatives launch
The U.S. faces a projected deficit of nearly 1.4 million skilled trades jobs by 2030. This gap could cost the national economy an estimated $325.6 billion in lost GDP annually, according to Bringbackt

Blue-collar wages surge, making degrees a riskier path for young people
Between 2019 and 2024, real hourly wages for the lowest-paid 10% of US workers jumped by 15.

US industrial production dip impacts skilled trades and market stability
In March, US manufacturing output fell 0.