by Leif Jensen | Jun 23, 2025 | Economy |
“The middle class has been declining — we just haven’t recognized it fully,” LISEP Chairman Gene Ludwig told CBS MoneyWatch. “It’s really dangerous because it’s the kind of thing that leads to social unrest, and it’s not fair....
by Leif Jensen | Jun 11, 2025 | Economy |
It has been awhile since I reported on the unemployment rate. Things were perceived as better, or at least not really that bad. We are now in the “bad” category in my mind. The economy is waffling, mostly because the President keeps going back and forth...
by Leif Jensen | Jan 29, 2024 | Economy |
It may be the final frontier, but for those looking for more space at an affordable rate is difficult if not impossible. I have one client whose property taxes went from $38,000 to $45,000 to $52,000 in less than five years. Cook County always has their hands in the...
by Leif Jensen | Jan 22, 2024 | Economy |
Housing affordability is at its lowest point in almost two decades. Which my realtor clients can attest to. It has continued to worsen this year as mortgage rates have hovered above 7% since mid-Aug. Jumping to over 8% in November. Affordability is down 8% from a...
by Leif Jensen | May 9, 2023 | Economy |
The US is in the usual position of not having enough math and hard science majors graduating college to meet our needs. In a recent article focusing on Electrical Engineers, it is suggested that the states provide more funding is needed to fill all of the slots. I...
by Leif Jensen | May 2, 2023 | Economy |
1st Industrial Revolution – The first Industrial Revolution began in Great Britain in the mid-to-late 1700s when innovation led to goods being produced in large quantities due to machine manufacturing. (Steam, water, mechanical production equipment) 2nd...
