probably will be getting jobs, lots of vacancies around, so from that side, it is good news, but on the inflation side, not such good news, because there s been such an increase in demand when we came out of the lockdowns with restrictions and so on, and supply hasn t kept up with that. there are loads of international pressures out there, and of course, we have made it slightly worries by using quite a lot of people in losing quite a lot of people in losing quite a lot of people in losing quite a lot of people in the labour pricing costs going up more generally for businesses. the question is can they pass them onto the consumer? they may be limited in doing so, so the limitation is that maybe the inflation increase that we are going be seeing is not going to be huge, but it will be considerably higher than we have seen for a while. interest rates may go up and that is going to affect him again, what people are paying for their mortgage is, what they are paying for any borrow
and supply hasn t picked up. hurricane ida knocked production offline. it could reduce oil production by 30 million gallons this year. the white house is working to address the problem. we need to address short-term supply issues. we need to keep our eye on the impact to the climate. drive slower on the highway. slowing down 5 to 10 miles an hour can save fuel. take out unnecessary items that weigh your car down. as for heating your home bundle up and turn the thermostat down. energy experts say it could be months before we see prices start to fall. it depends on demand. if more people are commuting and we have a bad winter, they say we could see elevated prices into next year. oh, boy. bundle up. thank you so much, meagan fitzgerald. bernie sanders refused to
correct look around us employers are saying we can t find laborers. there are willing bodies out there and capable bodies but we can t bring them in the door to get them working. pete: imagine we are paying people outside of a covid context, man, that would be incredible. i have to ask you about inflation though because from things like basic items like beer which is a basic item for me. bottled water. ice cream. take your pick. it s all up. why is it continuing to go up? yeah. so this is a real punch in the purse purse for most of us. right? this is what we feel as middle class folks. really a couple things. demand is up as we emerge from the pandemic, we are shopping more. that s a good thing but supply hasn t kept pace. as you know there is a problem with the supply chain. there is problems, difficulty getting stuff to the market for lots of different reasons. finally, with massive stimulus, incredibly low interest rates. used to be helicopter money. now it s c-130 money. we a