Economic Update for April 8, 2024-Inflation, Rising Prices…

From the Financial Times: US inflation rose in February to 2.5%, according to Fed’s target index

US inflation rose to 2.5 per cent in February, according to the metric that the Federal Reserve uses for its target. The increase in headline Personal Consumption Expenditures inflation, from 2.4 per cent in the year to January, was in line with market expectations.

Is This Next for US? Furry Slippers and Sweatpants: Young…

The social media movement is the latest sign that some of China’s young people are resisting the compulsion to strive.

When the weather turned cold in December, Cindy Luo started to wear her fluffy pajamas over a hooded sweatshirt at the office. Wearing cozy sleepwear to work became a habit, and soon she didn’t even bother to wear matching tops and bottoms, selecting whatever was most comfortable.

Are You a Restaurateur in LA County? Learn About the County…

LA County is launching an education and awareness campaign as part of the County’s Permanent Outdoor Dining Ordinance implementation.

From The Atlantic: Is the shorter workweek all it promises…

 A new bill advocates for a 32-hour workweek. Can this approach cure what ails American workers?

Economic Update for March 25, 2024-Inflation, Jobs, the…

Inflation Ticked Up Last Month, Backing the Fed’s Caution on Rate Cuts (from the New York Times): Consumer prices climbed 3.2 percent last month from a year earlier, down notably from a 9.1 percent high in 2022, but still quicker than the roughly 2 percent that was normal before the pandemic. 

17 Local Chambers Present FREE Webinar Series RENEWAL AND…

Online Lunch and Learn Webinar Series Kicks Off March 21st with Trends and Challenges: The Landscape of 2024 with Pasadena Chamber Member Leadership Coach John Burt

First presentation on March 21st by executive leadership coach John Burt! Hear him discuss the current economic landscape for small business owners, challenges and opportunities for entrepreneurs and business owners/managers.

Masters of Taste Honors Pasadena Chamber Members as 2024…

Come celebrate and be part of the seventh annual Masters of Taste, L.A.’s premier outdoor, luxury food and beverage festival returns and will be taking place on Sunday, April 7th, 2024, from 3:00 pm to 7:00 pm on the field of the Iconic Pasadena Rose Bowl.

From the LA Times: The new workplace vocabulary

‘Quiet quitting’ and other terms reflect employee effort to exert power. By Samantha Masunaga and Sean Greene

Abygail Liera sympathized when she first read about people who were “quiet quitting,” refusing to go above and beyond at their jobs.
But it wasn’t until a few months later that she understood.

Pasadena Chamber Publishes Winter 2024 Edition of Digital…

Pasadena Perspective Winter 2024 Edition cover photo

Economic News for March 11, 2024-Consumer Spending,…

California’s Economy Has Been Pinched by Unemployment from the New York Times. The Golden State’s jobless rate remains stubbornly high.

Tech layoffs. Hollywood strikes. Rural joblessness.

For much of the past year, key parts of the California economy have looked a lot like our winter weather: dreary.

While the state’s economy has long outpaced the economies of most nations, the unemployment rate in California has risen significantly over the past year.

From the New York Times: The ZIP Code Shift: Why Many…

A new study shows that white-collar employees who can work remotely now live roughly twice as far from their offices as they did prepandemic. By Emma Goldberg-March 4, 2024

In 2020, Virginia Martin lived two and a half miles from her office. Today, the distance between her work and home is 156.