California ’s new $20 minimum wage could leave the state with higher unemployment for years to come, economist says
California implemented its $20 minimum wage law for fast-food workers on Monday, bumping pay up to 25% from the state’s $16 minimum. Impacting over 500,000 workers in the state, the mandate was heralded as a success for labor organizers—but businesses are fearing they’ll have to lay off workers or…#scottsumner #fortune #classic #southerncalifornias #kurtpetersen #tandem #elonmusk #tesla #lonestarstate #austin (Source: Reuters: Health)
Source: Reuters: Health - April 6, 2024 Category: Consumer Health News Source Type: news
Though unemployment is low and inflation is cooling, consumers still feel some strain
Despite low unemployment and falling inflation, there are signs that many Americans are still struggling financially. We examine some of those signs. (Source: Reuters: Health)
Source: Reuters: Health - April 5, 2024 Category: Consumer Health News Source Type: news
Statistics Canada to release its March jobs report today
Statistics Canada is set to release its March labour force survey this morning. RBC expects the report to show the economy added 25,000 jobs, which it says won’t be enough to keep the unemployment rate from rising to 5.9 per cent. Canada’s unemployment rate was 5.8 per cent in February. The…#statisticscanada #rbc #bankofcanadas (Source: Reuters: Health)
Source: Reuters: Health - April 5, 2024 Category: Consumer Health News Source Type: news
What to expect from the March jobs report
For the past 50 years, the US unemployment rate has mostly been far above 4%, even rocketing to almost 15% during the pandemic. Yet in the turbulent period that followed lockdowns and other economic disruptions from the pandemic, it has stayed below the 4% level for more than two years. That…#michaelstrain #bls #federalreserve #challenger #andychallenger #departmentoflabor #aaronsojourner #sojourner #oncefederalreserve #nt (Source: Reuters: Health)
Source: Reuters: Health - April 5, 2024 Category: Consumer Health News Source Type: news
Exploring the depths of scars: the connection between domestic violence and mental health in married women from Faisalabad, Pakistan - insights into depression, anxiety, stress, and anger - Hafeez S.
This study aims to explore the impact of domestic violence on the mental wellbeing of married women in Faisalabad, Pakistan, focusing on depression, anxiety, stress, and anger, and investigates variations between employed and unemployed women. Domestic vio... (Source: SafetyLit)
Source: SafetyLit - April 5, 2024 Category: International Medicine & Public Health Tags: Economics of Injury and Safety, PTSD, Injury Outcomes Source Type: news
Fed's Barkin: More than conceivable that the Fed returns to 2% target without substantial rise in unemployment
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Source: Reuters: Health - April 4, 2024 Category: Consumer Health News Source Type: news
March jobs report forecast: 200,000 new jobs and 3.8% unemployment
The U.S. economy keeps chugging along and producing lots of new jobs. Wall Street expects another sizable gain in March, if somewhat smaller than in the prior month. (Source: Reuters: Health)
Source: Reuters: Health - April 4, 2024 Category: Consumer Health News Source Type: news
Young people in India are more likely to be unemployed if they're educated, says International Labour Organization
In India, higher educated young people are more likely to be unemployed than those without any schooling, according to the International Labour Organization. The jobless rate for graduates was 29.1%, almost nine times higher than the 3.4% for those who can’t read or write, a new ILO report on…#ilo #unemploymentinindia #raghuramrajan #indians (Source: Reuters: Health)
Source: Reuters: Health - March 30, 2024 Category: Consumer Health News Source Type: news
It ’s Economic Logic: Increasing the Minimum Wage Creates More Unemployment
If we look long enough and hard enough, we might find an example of something in the US is not by the state, of the state and for the state. But it’s becoming more difficult. We live, if we live in... (Source: Reuters: Health)
Source: Reuters: Health - March 30, 2024 Category: Consumer Health News Source Type: news
Three ways consumers are feeling the pinch : The Indicator from Planet Money
Three ways consumers are feeling the pinch Many broad economic indicators are positive, but consumer sentiment is negative. Even with cooling inflation and low unemployment, consumers are still feeling the economic strain. In today's episode, we look at three ways the US consumer is feeling the…#lettucefactory #applespotify #applepodcastsspotify #planetmoney #applepodcasts #musicbydropelectric #facebooknewsletter (Source: Reuters: Health)
Source: Reuters: Health - March 30, 2024 Category: Consumer Health News Source Type: news
The top cities for US job seekers in 2024
Amid news of high-profile layoffs, the national unemployment rate is actually relatively low. According to the U.S. Bureau of Labor Statistics, it was just 3.9% in February 2024, a rate comparable to unemployment before the start of the pandemic. It's still a job seekers' market, which may inspire…#moneygeek #noneoklahomacity #oklahoma #oxnard #none5 #florida #nonetampa #nonetucson #arizona #lasvegas (Source: Reuters: Health)
Source: Reuters: Health - March 29, 2024 Category: Consumer Health News Source Type: news
Japanese Unemployment Rate Actual 2.6% (Forecast 2.4%, Previous 2.4%)
(Source: Reuters: Health)
Source: Reuters: Health - March 29, 2024 Category: Consumer Health News Source Type: news
California leads nation in unemployment after slower job growth than anticipated
California now has the highest unemployment in the nation, after new data revealed that job growth in the Golden State was much lower in 2023 than previously believed. Data from the state Employment Development Department indicates California reached 5.3% unemployment last month. Meanwhile,…#goldenstate #gavinnewsom #edd #newsom #legislativeanalyst #californiaassembly #jamesgallagher #democrats #florida #gregabbott (Source: Reuters: Health)
Source: Reuters: Health - March 25, 2024 Category: Consumer Health News Source Type: news
Fed ’s Powell Ready to Support Job Market, Even If It Means Lingering Inflation
As inflation surged in 2022, the Federal Reserve moved to prevent a wage-hike spiral by jacking up interest rates. Now, with unemployment edging up, the central bank is signaling a willingness to cut rates to head off a job-cutting spiral – even if that means somewhat higher inflation for a while.…#federalreserve #response #jeromepowell #wendyedelberg #hamiltonproject #sophiadrossos #bloombergtelevision #ubssecurities #jonathanpingle #arizona (Source: Reuters: Health)
Source: Reuters: Health - March 24, 2024 Category: Consumer Health News Source Type: news
IMF chief urges China to boost growth with ‘pro-market reforms’
BEIJING: The head of the International Monetary Fund on Sunday called on China to implement “a comprehensive package of pro-market reforms” to boost a sluggish economy beset by a housing market crisis, low domestic demand and persistently high youth unemployment. Chinese policymakers have so far…#beijing #bulgarian #liqiang #apple #timcook #cgtn #cctv #visionpro #shanghai #wangwentao (Source: Reuters: Health)
Source: Reuters: Health - March 24, 2024 Category: Consumer Health News Source Type: news
