Ticker: US employers add a surprisingly strong 216,000 jobs
The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates. December’s job gain exceeded the 173,000 that were added in November. The unemployment rate was unchanged at 3.7% — the…#federalreserve #treasury #europeancentralbank (Source: Reuters: Health)
Source: Reuters: Health - January 6, 2024 Category: Consumer Health News Source Type: news
Black Unemployment Is 40% Above National Average
The Bureau of Labor Statistics has issued its THE EMPLOYMENT SITUATION — DECEMBER 2023. The numbers were higher than expected. Unemployment was 3.7%, which is near a 50-year low. The economy added 216,000 jobs. One notable number was that Black unemployment was 5.2%, 40% higher than the overall…#employmentsituation #asians #hispanics #blackamericans #bls #africanamerican #blackunemployment (Source: Reuters: Health)
Source: Reuters: Health - January 6, 2024 Category: Consumer Health News Source Type: news
Higher wages, fewer temp workers and indicators of the year results
The U.S. economy added a solid number of jobs, the unemployment rate held steady, and a lot of people got raises. But, today we ask whether fewer temporary workers could mean recession, and whether higher wages might cause interest rates to stay high. Related episodes:The Indicator of the Year…#applespotify #planetmoney #applepodcasts #dropelectric #facebooknewsletter (Source: Reuters: Health)
Source: Reuters: Health - January 6, 2024 Category: Consumer Health News Source Type: news
Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note
The unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data released Friday by the Department of Labor. Black Americans, the group with the highest jobless percentage in the country, saw their unemployment rate dip to 5.2% last…#blackamericans #departmentoflabor #andrewpatterson #vanguard #juliapollak #ziprecruiter (Source: Reuters: Health)
Source: Reuters: Health - January 5, 2024 Category: Consumer Health News Source Type: news
Solid December jobs report expected to cap a strong year for labor market
The U.S. labor market produced exceptional job gains for American workers in 2023, even as it cooled off substantially amid the highest interest rates in years. The unemployment rate, a key measure of labor market health, has remained below 4 percent for two years as of November, a stretch last…#dianeswonk #kpmg #hollywood #federalreserve #labordepartment #joebrusuelas #rsmus (Source: Reuters: Health)
Source: Reuters: Health - January 5, 2024 Category: Consumer Health News Source Type: news
What to Watch in the Jobs Report: Slower Hiring Adds to Case for Soft Landing
The December employment report will show the labor market continued to cool but still added jobs at a solid pace as unemployment remained low, analysts estimate. • Employers added 170,000 jobs in December, according to economists surveyed by The Wall Street Journal. That would be a pullback from…#labordepartment (Source: Reuters: Health)
Source: Reuters: Health - January 5, 2024 Category: Consumer Health News Source Type: news
What is the new normal for the labor market?
We’re coming up on four years since the COVID-19 pandemic hit the U.S. After some wild swings — the economy lost 21.9 million jobs from February to April 2020 and unemployment soared to 14.7% — the labor market has more or less returned to pre-pandemic trends. According to November employment data…#portland #oregon #amyjoon #smudge #eastcoast #multiplied #alexcolvin #deanbaker #starbucks #unitedautoworkers (Source: Reuters: Health)
Source: Reuters: Health - January 5, 2024 Category: Consumer Health News Source Type: news
Entry-Level Jobs Pay Six Figures In This Gritty Part Of America
Authored by John Haughey via The Epoch Times (emphasis ours), Josef McConnell, a tennis coach from Southern California, had been unemployed for a year after the government response to the pandemic destroyed his business. Then, in…#johnhaughey #epochtimes #josefmcconnell #southerncalifornia #northdakotas #bakkenbasin #northdakota #sandpro #berthold #minot (Source: Reuters: Health)
Source: Reuters: Health - January 4, 2024 Category: Consumer Health News Source Type: news
Maryland ’s Unemployment Rate From Trump’s Election to Today
In an era of economic uncertainty, the U.S. job market remains resilient. After falling to 3.7% in November 2023, the national unemployment rate has been below 4% for 22 consecutive months, the longest streak in over 50 years. Of course, if history is any guide, much of the economy is subject to…#maryland #bls #donaldtrump #avg #unrealbonuses #trumpselection (Source: Reuters: Health)
Source: Reuters: Health - January 3, 2024 Category: Consumer Health News Source Type: news
California ’s war on fast food
California was once a leader in job creation, but the state actually lost jobs in 2023. Because of a minimum wage hike scheduled for April, expect what was once the Golden State to lose more jobs in 2024. While the rest of the nation is enjoying job growth and falling unemployment, California’s…#goldenstate #sacramento #democrats #mcdonalds #pizzahut #doordash #grubhub #mcdonald (Source: Reuters: Health)
Source: Reuters: Health - January 3, 2024 Category: Consumer Health News Source Type: news
Stocks Start the Year on a Down Note
Stocks declined to start the year. Investors now look ahead to the slate of labor market data, including payrolls and unemployment figures set to publish this week. The Dow Jones Industrial Average fell 157 points or 0.4%, the S&P 500 fell 0.6%, and the Nasdaq Composite was down 0.9%. All three…#nasdaqcomposite #treasury #jobopenings #laborturnover (Source: Reuters: Health)
Source: Reuters: Health - January 2, 2024 Category: Consumer Health News Source Type: news
Living With a Depressed Loved One Can Take Mental, Financial Toll
TUESDAY, Jan. 2, 2024 -- Reduced income, unemployment and mental health issues are more common among people who live with a loved one diagnosed with depression, new research shows. “These findings indicate that the impact of depressive symptoms... (Source: Drugs.com - Daily MedNews)
Source: Drugs.com - Daily MedNews - January 2, 2024 Category: General Medicine Source Type: news
Some of the Reasons To Be Optimistic About the 2024 Economy
Many feared 2023 would be the year of recession. It turned out to be the year of remarkable resilience. The US economy appears to be enjoying the soft landing many argued was nearly impossible. Inflation has cooled dramatically, unemployment remains low and the Federal Reserve could deliver rate…#federalreserve #justinwolfers #universityofmichigan #ukraine #itslittle #israel #ianshepherdson #markzandi #moodysanalytics #federalreserves (Source: Reuters: Health)
Source: Reuters: Health - January 2, 2024 Category: Consumer Health News Source Type: news
The 3 Hottest Space Stocks to Watch in 2024
Buy the hottest space stocks to increase your portfolio's value The U.S. economy in 2023 defied expectations with a strong performance, marked by low unemployment and robust job additions. While the outlook for 2024 suggests a soft landing with decreasing inflation, potential risks include…#spireglobal #spir #yoy #nasa #yahoo #rocketlabusa #rocketlab #howmetaerospace #hwm #howmet (Source: Reuters: Health)
Source: Reuters: Health - January 1, 2024 Category: Consumer Health News Source Type: news
5 reasons to be optimistic about the 2024 economy
Many feared 2023 would be the year of recession. It turned out to be the year of remarkable resilience. The US economy appears to be enjoying the soft landing many argued was nearly impossible. Inflation has cooled dramatically, unemployment remains low and the Federal Reserve could deliver rate…#federalreserve #justinwolfers #universityofmichigan #ukraine #itslittle #israel #ianshepherdson #markzandi #moodysanalytics #federalreserves (Source: Reuters: Health)
Source: Reuters: Health - January 1, 2024 Category: Consumer Health News Source Type: news
