ECONOMICS

Authored by Mike Shedlock via MishTalk.com,

Here are some interesting demographic charts that show why finding skilled workers is problematic…

Population data via a BLS download, chart by Mish.

The Civilian Noninstitutional Population consists of those age 16 and older who are not inmates and are not in the military.

The total population change is 7.58 million of which a whopping 4.52 million are in demographic age group 65 and older.

Civilian Noninstitutional (more…)

Retail giant Target on Tuesday announced the closure of nine stores in major cities across the US, citing violence, theft and organized retail crime. The news comes on the heels of a warning from the company that lost or stolen inventory has created a $500 million dent in profitability this year.

According to CNBC, the company will close one store in Harlem, two stores in Seattle, three stores in the San Francisco-Oakland Bay Area, and three more in Portland, Oregon. (more…)

The FTC's socialist wunderkind and Liz Warren puppet, Lina Khan, has decided to cremate what little was left of her reputation, and after failing to break up even one "monopoly", moments ago the FTC announced it would extend its catastrophic track record by suing Amazon.com in a long-anticipated antitrust case, accusing the e-commerce giant of monopolizing online marketplace services by degrading quality for shoppers and overcharging sellers.

In a complaint filed in federal (more…)