Inflation concerns are back in a real way as consumer prices rose 0.9 percent for the month of June according to data released this week by the Department of Labor Bureau of Labor Statistics. The Consumer Price Index (CPI) rose to an annualized rate of 5.4 percent, and for the month, almost doubled the projected 0.5 percent that most economists had predicted. Coming on the heels of a 0.6 percent increase in May, the June monthly increase in the CPI was the largest recorded since a full 1 percent increase back in 2008. Likewise, the annualized increase in the highest in the past 13 years, since August of 2008. And from a labor shortage perspective, job openings nationally reached 9.21 million, the third consecutive month of record job availability. At the same time however, the rate of employees quitting their jobs has never been higher. In fact, about 40% of small business owners are experiencing notable staffing shortages according to figures released by the National Federation of Independent Business (NFIB).