economy

A local psychology professor is giving his thoughts on a new trend called “quiet quitting” and how it could affect the mental health of employees and employers.

The company said the average natural gas customer is expected to see about a 39 percent increase in their bills.

Farmers and worker advocates are keeping a close eye on the Farm Laborers Wage Board Tuesday, ahead of a monumental decision that will change the way many local farms operate.

As the economy continues to recover, prices have been rising. Polls show many Americans are worried about inflation, and that could have ramifications for the Biden administration.

New York’s unemployment rate dropped marginally in June from 7.8% to 7.7%, according to the Bureau of Labor Statistics. While this change may seem negligible, SUNY Oswego economics professor, Liz Schmitt, said there are a lot of moving parts underneath the surface.

The Fed is maintaining its easy money policies for now in an effort to speed the economic recovery. It left interest rates near zero despite a jump in consumer prices.

U.S. employers added 559,000 jobs last month, as the unemployment rate fell to 5.8% from 6.1% in April. Employers say they could use even more workers as demand surges and pandemic fears recede.