U.S. inflation hit a three-decade high of 6.2% last month, fueled by supply shortages and strong consumer demand. Inflation at the wholesale level rose 8.6% in October from a year earlier, matching September’s record annual gain and offering more evidence that inflationary pressures are not yet easing.
Futures extend losses after strong inflation data - Reuters
‘Meatflation’ Worsens As Beef Prices Hit Steepest Rise In 30 Years - Forbes
@byHeatherLong: Where Americans are seeing the most inflation: Fuel oil 59% (y/y) Gas 50% Utility 28% Used cars 26% Hotels 26% Steaks 24% Bacon 20% Pork chops 16% Wash machines 15% Furniture 12% Eggs 12% Fish 11% TVs 10% New cars 10% Chicken 9% Milk 6% Coffee 6% Flour 5% Rent (OER) 3.1%
Holiday travel volume is expected to reach pre-pandemic levels over Thanksgiving, a new AAA report estimates. AAA said that more than 53 million Americans are expected to travel by both car and plane. Just over half of TSA workers received at least one COVID-19 vaccine dose as of last month, prompting concern over potential shortages as the Nov. 22 deadline approaches. Gas prices have also risen by more than $1 a gallon since last year.
Labor union representing TSA and other federal workers urges White House to postpone vaccine deadline until 2022 - CNN
Gas prices rise to a seven-year high. Here's a look at states where drivers pay the most - USA Today
Pandemic holiday travel 2.0: How to navigate Thanksgiving this year - CNN
Airbnb plans to roll out new features, including verified internet speeds and options to search for listings up to a year in advance, as the vacation-rental company bets remote work and flexible travel is here to stay. The features were announced a day after the U.S. borders reopened to foreign tourists.
Airbnb Posts Record Results After Busy Summer Travel Season - The Wall Street Journal
U.S. Travelers Plan to Spend More Amid Remote-Work Flexibility - Bloomberg
Malta: The island welcoming digital nomads - BBC
@JoePompliano: This is a wild stat from Airbnb: Over the last six months, between 20% to 25% of all Airbnb bookings have been for one month or longer. As workforces continue to become more decentralized, Airbnb no longer competes with hotels.
Warehouse logistics face challenges as Christmas goods that came early pile up alongside spring items that arrived late. Port delays have caused warehouse vacancies to plunge and rents to soar as global trade finds its footing amid the pandemic. Every $1 billion increase in online sales equates to a need for an additional 1 million square feet of warehouse space, one group estimates.
In the supply chain battle of 2021, small businesses are losing out to Walmart and Amazon - The Washington Post
Shipping is broken. Here’s how to fix it. - VOX
Nearly 70% of full-time remote employees say they have a second job, a new survey found. Younger professionals were more likely to be working two jobs, and half of all respondents say they do it to earn extra money either for personal reasons or to pay off a debt. Working two jobs may increase productivity, with 49% of those surveyed believing they are more productive.
Remote Work and Moonlighting - HR Daily Advisor
How a Side Hustle Can Boost Performance at Your Regular Job - The Wall Street Journal
"7 in 10 Remote Workers have Multiple Jobs" - Resume Builder / Source: ResumeBuilder.com
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