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Wage Growth Remains High, Jobs Are Steady And Inflation Is Falling So Why Are People Worried?

Published by Nikki Palmer on Tue, 06/27/2023 - 5:00am

Inflation continues to drop but lingering high prices, particularly for groceries, have left consumers grumpy, says one economist. (Matt Slocum / AP Photo)

Economists have been predicting a recession for months, but the labor market has remained resilient, wage growth is higher than before the pandemic, and inflation continues to drop, now at 4% compared to 9.1% in June of last year. Despite this good news, consumers don’t feel confident about the future, according to the consumer confidence index, which is at a six-month low.

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Why US ‘Dollar Doomsayers’ Could Be Wrong About Its Imminent Demise

Published by Nikki Palmer on Tue, 06/27/2023 - 3:00am

The position of the US dollar in the global league table of foreign exchange reserves held by other countries is closely watched. Every slight fall in its share is interpreted as confirmation of its imminent demise as the preferred global currency for financial transactions.

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Rodney D. Bennett, Ed.D., Appointed UNL’s 21st Chancellor

Published by Nikki Palmer on Tue, 06/27/2023 - 2:00am

The University of Nebraska Board of Regents today unanimously approved the appointment of Rodney D. Bennett, Ed.D., as the 21st chancellor of the University of Nebraska-Lincoln.

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Population Growth Strongest In Some Nebraska Suburban And Rural Counties

Published by Nikki Palmer on Tue, 06/20/2023 - 5:00am

OMAHA — While Nebraska overall saw a slight population bump, 51 of the state’s counties lost residents between mid-2021 and mid-2022, according to a new census analysis by the University of Nebraska at Omaha’s Center for Public Affairs Research.

Among the fastest-growing were suburban areas around the state’s core metropolitan counties.

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Nebraska Ranks No. 8 Among States For Overall Child Well-Being In Latest Kids Count Data Book

Published by Nikki Palmer on Tue, 06/20/2023 - 4:00am

OMAHA — Nebraska maintained its No. 8 national ranking for child well-being in the latest 2023 Kids Count data book, which offers trends and a report card on how youths are faring state to state.

The data, released Wednesday and developed for the Annie E. Casey Foundation, considers 16 indicators in four broader areas: economy; education; health; and family and community.

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Why The Federal Reserve’s Epic Fight Against Inflation Might Be Over

Published by Nikki Palmer on Tue, 06/20/2023 - 3:00am

The Federal Reserve’s decision to hold rates steady signals that central bankers believe it is time to hit pause, at least temporarily, on their aggressive campaign to tame runaway inflation.

The latest data, not to mention several other factors, however, suggests it’s time for a full stop.

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New Economic Development Head A Lifelong Nebraskan With Quarter-Century Of Promoting Rural Areas

Published by jason@omahadail... on Tue, 06/13/2023 - 5:00am

Gov. Jim Pillen announced that he picked the Columbus, Nebraska native to be the next director of the Nebraska Department of Economic Development.
(Shutterstock)

LINCOLN — Nebraska’s new top economic developer, K.C. Belitz, said Monday that he’ll be focusing on how to attract people — as much as businesses — to his home state, which has tens of thousands of open jobs.

Belitz, a former longtime head of the Columbus Area Chamber of Commerce, said economic developers today must deal with issues dramatically different from a decade or so ago.

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Dementia Claimed His Wife. Writing Helped Him Survive.

Published by jason@omahadail... on Tue, 06/13/2023 - 3:00am

Brad Anderson of Lincoln, 67, started writing poetry several years after his wife, LuAnne Anderson, was diagnosed with dementia in 2010. Her diagnosis came just before her 55th birthday.
(Ryan Hoffman / Flatwater Free Press)

Brad Anderson still remembers the night his wife forgot hail.

He was sitting on the front porch of their Lincoln home as a storm rolled in. It was around 9 p.m. LuAnne had gone to bed earlier. Brad wanted to watch the rain.

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Young Workers Express Lower Levels Of Job Satisfaction Than Older Ones, But Most Are Content With Their Job

Published by jason@omahadail... on Tue, 06/13/2023 - 2:00am

From a COVID-19-era trend of “quiet quitting” to the rise of the #quittok hashtag on TikTok, young workers in the United States have reportedly grown disengaged from their jobs and traditional “hustle culture.” But while young workers are less likely than their older counterparts to express the highest levels of job satisfaction, most (85%) are at least somewhat satisfied with their job overall, according to a recent Pew Research Center survey.

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DED Grant Supports Omaha Clinic’s Goal To Cut Wait Times For Mental Health Services

Published by Nikki Palmer on Tue, 06/06/2023 - 5:00am

People experiencing a mental health crisis need help right away. More often than not, however, they must wait to get treatment because services are limited.

If you call most mental health facilities, Carole Boye said, you likely will have to wait three or four weeks for an appointment. And if you want to see a doctor, the wait could be six to eight weeks.

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Business News

Wage Growth Remains High, Jobs Are Steady And Inflation Is Falling So Why Are People Worried?

Why US ‘Dollar Doomsayers’ Could Be Wrong About Its Imminent Demise

Rodney D. Bennett, Ed.D., Appointed UNL’s 21st Chancellor

Population Growth Strongest In Some Nebraska Suburban And Rural Counties

Nebraska Ranks No. 8 Among States For Overall Child Well-Being In Latest Kids Count Data Book

Why The Federal Reserve’s Epic Fight Against Inflation Might Be Over

New Economic Development Head A Lifelong Nebraskan With Quarter-Century Of Promoting Rural Areas

Dementia Claimed His Wife. Writing Helped Him Survive.

Young Workers Express Lower Levels Of Job Satisfaction Than Older Ones, But Most Are Content With Their Job

DED Grant Supports Omaha Clinic’s Goal To Cut Wait Times For Mental Health Services

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