More than half of those who found a new, better-paying job over the past 12 months say they’re worried about their job security.| Bankrate
Recessions are always inevitable, but they’re even more likely when U.S. central bankers are actively taking steam away from the financial system.| Bankrate
The Department of Labor’s consumer price index (CPI) rose in October by 6.2 percent from a year ago, the sharpest surge since December 1990. The measure tracks how much price tags are changing on the typical goods and services that consumers purchase in their everyday lives — from clothing, grocery, apparel and utilities prices, to cars, gasoline, rents and dining out.| Bankrate
An emergency fund is money that’s set aside for unplanned expenses, such as a medical bill, home repair or loss of income. Using emergency savings to cover unexpected expenses is better than paying with high-interest credit cards or taking out a loan.| Bankrate
From the vantage point of policymakers in the Federal Reserve, an oil embargo by Arab producers against the U.S. further complicated the macroeconomic environment of the early 1970s.| www.federalreservehistory.org
Inflation is when the cost of goods and services rises over a sustained period, feeling akin to taking a pay cut.| Bankrate
Measure of the wage growth of individuals. It is constructed using microdata from the Current Population Survey (CPS), and is the median percent change in the hourly wage of individuals observed 12 months apart.| www.atlantafed.org