U.S. weekly unemployment claims rise but labour market remains very healthy
More Americans applied for unemployment benefits last week, but not enough to raise concern about the labour market or broader economy. Jobless claims rose to 218,000 for the week ending Dec. 23, an increase of 12,000 from the previous week, the Labor Department reported Thursday. The four-week…#labordepartment #federalreserve (Source: Reuters: Health)
Source: Reuters: Health - December 28, 2023 Category: Consumer Health News Source Type: news
Futures Mixed After Jobless Claims
Dow Jones futures took a dip Thursday morning after the Labor Department's initial unemployment claims. Meanwhile, famed investor Cathie Wood's Ark Invest firm shook up its bitcoin-related positions Wednesday. Ahead of the opening bell, Dow Jones futures fell 0.1% vs. fair value. S&P 500 futures…#labordepartment #cathiewood #arkinvest #nasdaq100 #invescoqqqtrust #qqq #spdr #spy #bito #arkw (Source: Reuters: Health)
Source: Reuters: Health - December 28, 2023 Category: Consumer Health News Source Type: news
For Almost 50 Years Michigan ’s Unemployment Rate Has Been Worse Than the US Average
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…#michigan #bls #avg (Source: Reuters: Health)
Source: Reuters: Health - December 28, 2023 Category: Consumer Health News Source Type: news
How Can Spending Be Up When People Feel Down?
According to the Misery Index, Americans shouldn’t be all that miserable. But they might only recently have started to catch on. Invented by the economist Arthur Okun , the Misery Index is the simple summing of the unemployment rate and the inflation rate. It first rose to prominence in the 1976…#arthurokun #jimmycarter #geraldford #ronaldreagan (Source: Reuters: Health)
Source: Reuters: Health - December 27, 2023 Category: Consumer Health News Source Type: news
Lifetime classic psychedelic use is associated with greater psychological distress in unemployed job seekers - Korman BA.
Background Despite recent research linking lifetime classic psychedelic use to positive mental health outcomes, little work has explored the role played by classic psychedelics in healthy users' ability to cope with ordinary, yet stressful, life situations... (Source: SafetyLit)
Source: SafetyLit - December 26, 2023 Category: International Medicine & Public Health Tags: Alcohol and Other Drugs Source Type: news
Japanese Unemployment Rate Actual 2.5% (Forecast 2.5%, Previous 2.5%)
(Source: Reuters: Health)
Source: Reuters: Health - December 26, 2023 Category: Consumer Health News Source Type: news
Unemployment, PMI and Other Can't Miss Items This Week
Last week the market finished green again with the S&P 500 finishing up almost 1%. This makes it the 8th consecutive week with the SPY finishing higher than it opened.#spy (Source: Reuters: Health)
Source: Reuters: Health - December 24, 2023 Category: Consumer Health News Source Type: news
US Bank Pays $35,700,000 Fine for Freezing Tens of Thousands of Accounts at Height of Pandemic, Blocking Unemployment Benefits Without Proper Recourse: CFPB
The Consumer Financial Protection Bureau (CFPB) says U.S. Bank will pay $35.7 million in fines for freezing tens of thousands of prepaid debit card accounts and making it difficult for people to regain access at the height of the pandemic. The agency says the bank blocked out-of-work Americans…#cfpb #usbank #reliacard #occ #usbancorp #minneapolis #dailyhodl (Source: Reuters: Health)
Source: Reuters: Health - December 23, 2023 Category: Consumer Health News Source Type: news
Older workers face more persistent unemployment than younger workers
Older workers aged 55 and up are more likely to face long-term unemployment than younger workers. These older workers likely face labor market discrimination and only half of older job searchers successfully get jobs, according to new research from the Schwartz Center for Economic Policy Analysis…#scepa #drystanphillips #phillips (Source: Reuters: Health)
Source: Reuters: Health - December 23, 2023 Category: Consumer Health News Source Type: news
For Almost 50 years Massachusetts ’ Unemployment Rate Has Been Better Than the US Average
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…#massachusetts #bls #avg (Source: Reuters: Health)
Source: Reuters: Health - December 23, 2023 Category: Consumer Health News Source Type: news
How Georgia ’s Job Market Compared to the US Over the Last 47 Years
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…#georgia #bls #avg (Source: Reuters: Health)
Source: Reuters: Health - December 22, 2023 Category: Consumer Health News Source Type: news
China's EV and chip giants need workers
BEIJING — China's vocational school push is producing workers the country's electric car and semiconductor industries want to hire. Despite tech company layoffs and record-high youth unemployment in recent years, public filings analyzed by CNBC show marked headcount growth at key industry giants –…#beijing #catl #smic #anyiwang #columbiauniversity #wang #ministryofeducation #wangwenkai #mandarin #baidu (Source: Reuters: Health)
Source: Reuters: Health - December 22, 2023 Category: Consumer Health News Source Type: news
AI will spur more hiring, not less, as it enables ‘more ingenuity per person,’ says top Adobe executive Scott Belsky
Artificial intelligence will lead to mass unemployment or create more jobs, depending on who you ask. So which view is right? Few people have better insight into this question than Scott Belsky, Adobe’s chief strategy officer and executive vice president of design and emerging products. Belsky has…#scottbelsky #belsky #illustratorforipad #photoshop #generativeexpand #nvidia #jensenhuang #acquired #elonmusk #tesla (Source: Reuters: Health)
Source: Reuters: Health - December 22, 2023 Category: Consumer Health News Source Type: news
Jobless claims inch up to 205,000. Layoffs in the U.S. hover near record low
The numbers: The number of Americans who applied for unemployment benefits last week inched up to 205,000, indicating layoffs remain very low during the holiday season and jobs aren’t especially hard to find. New jobless claims rose 2,000 from a revised 203,000 in the prior week, the government…#nancyvandenhouten #oxfordeconomics (Source: Reuters: Health)
Source: Reuters: Health - December 21, 2023 Category: Consumer Health News Source Type: news
First protests in Argentina against Milei's austerity plan
Thousands of people have taken to the streets of Buenos Aires in the first big protest against the new Argentine government's economic shock policies. The march was led by groups that represent the unemployed. Police were deployed in large numbers to stop the protesters from blocking roads.…#buenosaires #argentine #eduardobelliboni #poloobrero #argentina (Source: Reuters: Health)
Source: Reuters: Health - December 21, 2023 Category: Consumer Health News Source Type: news
