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The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
Federal budget 2022. The United States federal budget for fiscal year 2022 ran from October 1, 2021, to September 30, 2022. The government was initially funded through a series of four temporary continuing resolutions. The final funding package was passed as an omnibus spending bill, the Consolidated Appropriations Act, 2022.
The Consumer Price Index (CPI) recently peaked in 2022 after prices rose over 9% year over year. This led the Fed to raise interest rates intensely to try to rein in inflation, moves that have ...
Between 2022 and 2023, the official poverty rate decreased for White and non-Hispanic White individuals. ... (SPM) child poverty rate increased by 1.3 percentage points to 13.7 % in 2023.
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However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
The European Central Bank raised rates 10 consecutive times during the same period. [5] In the first two quarters of 2022, U.S. gross domestic product (GDP) posted its first two declines since the COVID-19 recession; decreasing at an annual rate of 1.6% in the first quarter of 2022 and a 0.9% annual rate in the second quarter. [6]
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