Paul Davidson, USA TODAY

Paul Davidson


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Recent articles by Paul:

Social Security checks could get an 8.6% cost-of-living boost in 2023 as inflation spikes

Social Security payments could increase 8.6% in 2023 for about 70 million retirees, disabled people and others. That would be the most since 1981. → Read More

A Supreme Court ruling ending abortion rights could keep more women out of workforce, hurt economy

A Supreme Court ruling that overturns Roe v. Wade could hurt women's labor force participation and the economy, women's rights groups say. → Read More

South and West lead in recovery of jobs lost during COVID-19. See where your state ranks

The South and West regions lead in recovering jobs lost during the pandemic. Though some states may never return to prior levels. → Read More

Fed raises interest rates for first time in 3 years to fight inflation, forecasts six more hikes in 2022

The Federal Reserve raised rates to battle inflation that's at a 40-year high. It forecast six more hikes in 2022. → Read More

Inflation climbed at fastest pace since 1982 last month as consumer prices rose 7.9%, CPI report shows

The consumer price index rose 7.9% annually in February, a new 40-year high, as soaring gasoline prices stoked an already sharp run-up in prices. → Read More

Are oil and gas companies price gouging consumers at the pump?

Analysts say oil and gas companies generally aren't price-gouging consumers at the pump but sometimes their comments raise concerns → Read More

Economy added 678,000 jobs in February as omicron faded, dining, travel picked up, unemployment fell to 3.8%

Employers added 678,000 jobs in February as omicron faded and dining and travel picked up. Unemployment fell to 3.8%. → Read More

Economy added 467,000 jobs in January despite omicron surge, unemployment rose to 4%

Economy added booming 467,000 jobs in January despite omicron surge and unemployment rose to 4%. → Read More

Economy grew 5.7% last year, its best showing since 1984, as activity revived amid pandemic

The economy expanded 5.7% in 2021, fastest in 37 years, as growth bounced back in Q4. Consumers partly got back to normal activities amid pandemic. → Read More

Fed faces crucial interest rate decisions, and any missteps could tip economy into recession

The Federal Reserve's newly aggressive stance on inflation raises concerns that it could move too abruptly and tip the economy into another recession. → Read More

Experience, education ... COVID vax status? More job candidates put it on their resumes.

A growing number of job applicants are adding their COVID-19 vaccination status to their resumes. Some who don't are getting screened out. → Read More

Return to office paused (again) as COVID rages: Will we ever go back?

Omicron has thrown a return to the office into disarray, perhaps for months. Among companies pausing reopenings are Apple, Ford and Fidelity. → Read More

Minimum wage is about to rise in 21 states, 35 localities as more embrace $15 an hour

The minimum wage is set to rise in 21 states, 35 cities and counties as movement toward $15 an hour continues to grow. → Read More

Federal Reserve sets stage for earlier, faster interest rate hikes as inflation soars

With inflation surging, the Fed clears the way for earlier, faster rate hikes by accelerating wind-down of a bond-buying stimulus program. → Read More

CPI report released: Consumer prices jumped 6.8% in November, the fastest inflation spike since 1982

The consumer price index rose 6.8% annually in November, the most since 1982, as supply snarls, labor shortages pushed inflation higher. → Read More

Job openings hover near all-time highs as Great Resignation shows little sign of easing

The number of people quitting jobs fell from 4.4 million to 4.2 million in October. Job openings increased to 11 million, near all-time high. → Read More

Massachusetts tops 5 states with the worst worker shortages. See where your state ranks.

Gap between job openings and hires during the pandemic can offer a more precise measuring stick, though it's far from an exact science. Here's a list. → Read More

Is your state's economy nearing or topping its pre-pandemic level of activity or lagging? See where your state ranks.

Some states have approached or surpassed their pre-COVID economies while others are lagging. South Dakota leads, New York ranks last. → Read More

Social Security cost-of-living increase will boost benefits 5.9% in 2022, most since 1982 amid COVID-19-related inflation spike

Social Security payments are set to rise 5.9% in 2022 for 68 million retirees, disabled people and others. That's the most since 1982. → Read More

Social Security could get biggest cost-of-living increase in 40 years amid COVID-19-related inflation surge

The Social Security cost-of-living adjustment next year could be about 6%, the most since 1982, according to an estimate → Read More