Steve Allen's Blog

By design, the US has a massive dairy surplus every year.  Yet we saw in late 2021 a shortage of cream cheese and now we see parents at wits...

A new study by Harvard Business School economist Alexander MacKay shows that profit margins rose by 25 percent between 2006 and 2019.  They...

Last year about half of the states eliminated the supplemental unemployment benefit program that was launched in reaction to the pandemic.  ...

It is one thing for CEOs to give speeches saying that employees are critical stakeholders in XYZ, Inc.  But what do large corporations do wh...

Yale b-school prof and former dean Jeff Sonnenfeld has composed a spreadsheet listing the American companies that are still doing business ...

There was bad news on the inflation front this week, with the CPI rising 6% over a year ago.  We have not seen 6% inflation in 30 years.  Th...

We have a genuine puzzle in today's labor market: large numbers of unemployed workers and even larger numbers of vacant positions.   As ...

The good news: GDP is now slightly higher than before the pandemic.  The not-so-good news: Employment remains 4.4 percent lower.  The intrig...

Last month WSJ did a study of the earnings of those who earned masters degrees at selective universities.  Those who studied business or en...

Blacks earn less than whites and have higher unemployment rates.  This suggests that a critical mass of employers could be discriminating ag...

Under the covid relief bill passed last March, unemployment benefits were increased by $300 per week.  Although this improves the living sta...