Quartz Profile picture
Feb 11 5 tweets 3 min read
1/ The US's January inflation report shows that the economy has ironed out some pandemic disruptions—but is still very much mired in others. Inflation climbed 0.6% on the month on the back of price increases for food, electricity, and shelter. qz.com/2126047/ A worker paints price tags in the used car lot at a Chrysler
2/ The annual inflation rate was 7.5%, the highest in nearly 40 years. Still, some economists say January's inflation report shows signs that supply chains upended by covid-19 are on the mend. qz.com/2126047/
3/ Prices for rental cars, which skyrocketed in the spring and summer of 2021, dropped by 7% in January after falling 2.7% in the prior month. Prices for used cars also moderated, and prices for new cars stayed flat. 🚗 Chart showing notable changes in US prices since January 202
4/ Some items are still on the pandemic roller coaster.
✈️ Airline tickets have bounced up and down along with the number of covid cases
👔 Prices for men's suits are going back up as more workers return to the office
qz.com/2126047/
5/ Prices for housing are still under the effects of the pandemic, too. The booming housing market, combined with the slowdown in home construction due to material shortages, continues to push rent prices up. 🏠

Read more: qz.com/2126047/

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More from @qz

Feb 10
1/ Nearly all prior #WinterOlympics host cities will see weather conditions that make it difficult to hold outdoor winter sports competitions over the coming decades. The culprit is greenhouse gas emissions and the resulting climate change. qz.com/2122792/former…
2/ If global emissions reach targets set by the Paris Climate Agreement, eight previous host cities might be considered reliable hosts by the 2080s. If the targets are missed, only Sapporo, Japan, would be able to provide fair and safe conditions. qz.com/2122792/
3/ Optimal conditions for the Winter Olympic Games include:
🌡️ Temperatures between −10°C and −1°C (14ºF to 30ºF)
❄️ Days with more than 10 cm of natural snow
🌧️ Days with less than 1 mm of rain (more than 1 mm creates wet snow)
qz.com/2122792
Read 5 tweets
Feb 9
❓ How much do you know about the Winter Olympics?

Take our quiz to test your knowledge about the events across all editions. #Beijing2022 qz.com/2123349/what-d…
1⃣ Which animal is the mascot of the 2022 Winter Olympics?
2⃣ Which country has the highest overall Winter Olympics medal count (368)?
Read 6 tweets
Feb 1
1/ In December 2021, the number of job openings was nearly double the number of long-term unemployed people, according to a new report from @BLS_gov.

That’s the biggest mismatch recorded since the agency started collecting the data in 2000. qz.com/2120544/there-…
2/ The gap has grown as employers continue to post new jobs even as the number of unemployed people drops quickly. The figures are the latest indicator of how covid-19 disruptions have upended the job market.
3/ In another sign of a tight labor market, the share of laid-off workers inched down to a record 0.8% after sitting at 0.9% since August. qz.com/2120544/there-…
Read 4 tweets
Jan 31
🧑‍💻 Employees who work from home in the US gain an extra six hours compared to when they went into the office, according to a survey of nearly 4,000 respondents. Half of that extra time goes to recreational activities, but they spend the other half working. qz.com/2119734/us-wor…
In January, researchers found workers saved about 60 minutes a day from not commuting, and 10 minutes from skipping daily grooming tasks like showering, shaving, putting on clean clothes, or putting on makeup.
Despite the extra work hours, many workers are reluctant to go back to the office full-time.

On average, the 42,000 remote workers polled since July 2020 have said they plan to work from home two days a week even after the pandemic subsidies. qz.com/work/1991968/h…
Read 5 tweets
Jan 3
1/ As of November 2021, workers were putting away less money from their wages into savings compared to what they were saving pre-pandemic. This spells the end of the higher levels of saving seen during the pandemic. qz.com/2107567/americ…
2/ Into the future, the savings rate will shrink more slowly. Americans are set to eat up about $5 billion extra a month out of a $2.5 trillion in savings.
qz.com/2107567/americ…
3/ The US savings rate peaked in the summer of 2020 and most pandemic-related government benefits ended in 2021. qz.com/2107567/americ… Quote card showing a quote from James Galbraith, an economis
Read 5 tweets
Dec 22, 2021
1/ In 2021, Americans read diverse titles and authors from multiple genres. Public libraries in 14 cities across the US provided data to discover this year's most popular library books. qz.com/2102283/the-mo… Map showing top books checked out from public libraries in t
2/ Fiction books were the most popular overall, including The Vanishing Half, Where the Crawdads Sing, The Midnight Library, and The Four Winds. The most common checked-out non-fiction book was Caste: The Origins of Our Discontents by Isabel Wilkerson. qz.com/2102283/the-mo…
3/ Not surprisingly ebooks were popular with readers. The Four Winds by Kristin Hannah was the most common book checked-out at the top of libraries’ ebook circulation lists. It held the top spot at five libraries. qz.com/2102283/the-mo…
Read 5 tweets

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