Start Of School Year Fuels California Job Growth In August
“Employment gains have not been sufficient to account for the increase in labor force in the state, so I would say we need to create more jobs,” said Sung Won Sohn, a professor of…
Sung Won Sohn
Grocery Prices On The Rise
LMU Professor of Finance and Economics Sung Won Sohn was interviewed for this report on how consumers are dealing with price hikes due to labor shortages, soaring commodity prices and transportation bottlenecks at the…
U.S. Inflation Surges: From Paint To Peanut Butter, Prices Are Rising
“The market is starting to worry that the Fed may be going soft on inflation, and that could let the inflation genie out of the bottle,” said Sung Won Sohn, a professor of economics…
Los Angeles Times: California Was ‘The Locomotive’ Of U.S. Job Growth In April, But It Has A Long Way To Go
“In April, California was the locomotive pulling the U.S. economy forward,” said Sung Won Sohn, a professor of finance and economics at Loyola Marymount University. The Golden State created 38% of the nation’s new…
U.S. hiring takes big step back as businesses scramble for workers, raw materials
“The employment gain is understated in part because of the generous largess from Washington,” said Sung Won Sohn, a finance and economics professor at Loyola Marymount University in Los Angeles. “Short-staffed restaurant owners are…
Biden’s Big Bet: He Can Remake The Economy Without Any Negative Side Effects
The philosophy behind the Biden administration is everyone can have more. We can have the cake and eat it, too. There is no price to pay in terms of inflation, higher interest rates or…
Signs Of Recovery As California Adds Jobs For 2nd Month
“This healthy job number heralds the beginning of the end of the pandemic,” said Sung Won Sohn, a professor of finance and economics at Loyola Marymount University. Source: Associated Press Signs Of Recovery As California…