By Elaine Chao November 30, 2022 The recent Index of Supply Manufacturers data showed that fewer employers are planning to hire in the months ahead. That’s because inflation is whittling away buying power, leaving Americans with less discretionary income to spend. Less income translates to lower demand for goods — and for the workers who produce...
Bipartisan JOBS Act, Medicaid work requirements and fewer licensing rules would help ease worker shortage By Elaine L. Chao | Fox News America is in the midst of the worst worker shortage in recent memory. Many have heard the stories of employers offering bonuses and higher salaries in a desperate effort to fill openings. Many have experienced delays...
A few weeks ago we learned that the U.S. GDP shrank by an annualized 0.9 percent during the second quarter, marking the second straight quarter of negative GDP growth. Of course, two consecutive quarters of negative growth has long been accepted as the technical definition of a recession—or so we thought. Politicians and media personalities...
Elaine L. Chao May 25, 2022 8:05pm Hate crimes against Asian Americans have skyrocketed in New York City since the pandemic. William Farrington The young African-American man opened his apartment door to greet an elderly Asian-American man and his daughter, whose face seemed familiar. It is the same apartment where, once upon a time,...
By Elaine Chao President Zelenskyy has shown us that one person can make a huge difference in a country’s battle for survival Back in 2015, I was among those captivated by a Ukrainian television series, “Servant of the People” (which is now back on Netflix). First aired from 2015 to 2018, its lead actor, Volodymyr...
Among my most lasting early COVID memories are the reassuring sight of trucks hauling groceries and goods. It was spring 2020, when the nation was reeling from the emerging pandemic and the loss of 22 million jobs. Several months later, spirits rose as trucks were loaded with deliveries of new vaccines and precious hope. Millions of Americans were...
BY ELAINE CHAO For the Asian American and Pacific Islander community, the last two years have been defined in large part by a devastating rise in discrimination and hate crimes. Tragedies including the Atlanta spa and Indianapolis warehouse attacks filled national headlines with harrowing frequency, while incidents such as refusal of service, verbal harassment, and physical threats filled many hearts with concern and...
Transportation infrastructure is integral to our nation’s productivity, global competitiveness and quality of life for the American peopleFrom gas prices to grocery bills, global supply chain disruption and domestic labor shortages continue to ripple across America. The historic deficit of nearly 80,000 truck drivers in the U.S. – a 30% increase since the pandemic began – inadequate transportation infrastructure and other...
It’s not the pandemic anymore — it’s the economy. And the U.S. economy is teetering precariously as a range of structural challenges confront an administration that still seems to be feeling its way through managing a durable recovery. As the secretary of labor who oversaw releasing the most-watched economic indicator on Wall Street and in...
Transportation infrastructure is critical to our economy, to job growth and to every American’s quality of lifeRecent progress in the legislative effort to enable much-needed improvement of America’s infrastructure is a refreshing contrast to the often unproductive polarizing rancor of 2021. Success on an infrastructure package would boost bipartisanship as well as make a significant, tangible positive difference for generations to come — for all Americans!...
