As we begin 2015 there are numerous questions in the minds of all of us. For me sharing economy actual cost of Uber for those who are connected to jobs by means of Uber. You think of your actual cost as an operator of your vehicle that now can most assuredly put on a one hundred thousand miles a year. Add to that the cost of commercial car insurance fuel used in driving your vehicle and sometimes one realizes there is a con side to this business. The pro is if you are fortunate to have a job in the same vicinity as people who need your service as a to and from workplace means of transportation it is a good thing The return on basic commute is not going to be very great for Uber.
Production USA has slowed but Dollar USA has risen in exchange value We here can import more for less because of the increase in our dollar exchange value. It also means you there can buy less of out products as we have to be very careful we do not out price ourselves.. You could ask how is that possible as our international companies pay the going labor rate of elsewhere and I guess I would say but financial statements are coming out of here it companies are US stock listed. Of course one can always list on the Cayman stock exchange and solve that problem.
Los Angeles incomes vary but appear to be projecting inflation. City average employee salary is over $79.800, Median for a high school teacher in Los Angeles is $61,436 half make more half make less. elementary teacher median $58,920 wage Teachers are considered underpaid the reason why I have focused on this area.
Weekly wages in 12 of the California 26 large counties were above the national average of $1,000 per week. In the fourth quarter of 2013, average weekly wages in San Mateo County ($2,724), Santa Clara, ($1,972), and San Francisco ($1,753) ranked within the top four nationally. In contrast, at $696 per week, wages in Tulare ranked 324th among the nation’s 334 largest counties.Information for the country can be found
http://www.bls.gov/regions/west/news-release/CountyEmploymentAndWages_California.htm
CPI remains within reason inflation it seems is going to be in the wage area. It appears Calif average wage is somewhere around $51000 based on a wage average of roughly $25 per hour. When you have inflation in wages at some point prices must go up on products which will eventually show up in the CPI. Business must cover the cost of wage inflation.
The market could very well be jittery as earnings require profits and wage increase cut into profit . Decrease in profit is frequently solved by a decrease in head count. . At present when a large portion of the globe fights to avoid depression the prices in those area's are not about to increase so the US dollar appears to have entered a period of fire sale heaven. |
