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
California's unemployment rate is the highest in the nation. Slower job growth is to blame
SACRAMENTO, Calif. -- California's unemployment rate is now the highest in the country, reaching 5.3% in February following new data that revealed job growth in the nation's most populous state was much lower last year than previously thought. California lost a staggering 2.7 million jobs at the…#sacramento #gavinnewsom #sungwonsohn #legislativeanalyst #michaelbernick #duanemorris #bayarea #newsom #lao #legislature (Source: Reuters: Health)
Source: Reuters: Health - March 22, 2024 Category: Consumer Health News Source Type: news
California ’s unemployment rate is the highest in the nation. Slower job growth is to blame
California's unemployment rate is now the highest in the country. (Source: Reuters: Health)
Source: Reuters: Health - March 22, 2024 Category: Consumer Health News Source Type: news
Applications for U.S. unemployment benefits dip to 210,000, another sign the job market is strong
The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security Applications for U.S. unemployment benefits dip to 210,000, another sign the job market is strong WASHINGTON --…#labordepartment #google #alphabet #ebay #ciscosystems #federalreserve #rubeelafarooqi (Source: Reuters: Health)
Source: Reuters: Health - March 22, 2024 Category: Consumer Health News Source Type: news
Applications for U.S. unemployment benefits dip to 210,000, another sign the job market is strong
The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security. (Source: Reuters: Health)
Source: Reuters: Health - March 21, 2024 Category: Consumer Health News Source Type: news
U.S. weekly unemployment claims unexpectedly fall, suggesting job growth remains strong
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting that job growth remained strong in March. Initial claims for state unemployment benefits dropped 2,000 to a seasonally adjusted 210,000 for the week ended March 16, the Labor Department said…#labordepartment #federalreserve #jeromepowell (Source: Reuters: Health)
Source: Reuters: Health - March 21, 2024 Category: Consumer Health News Source Type: news
Jobless claims dip to 210,000. Layoffs show no sign of rising
The number of Americans who applied for unemployment benefits last week fell slightly to 210,000 and continued to show a surprisingly low level of layoffs in the economy. (Source: Reuters: Health)
Source: Reuters: Health - March 21, 2024 Category: Consumer Health News Source Type: news
Fed's Powell: We do expect the unemployment rate to move up
(Source: Reuters: Health)
Source: Reuters: Health - March 20, 2024 Category: Consumer Health News Source Type: news
Vanguard unveils bold interest rate forecast ahead of Fed meeting
About two years ago, many economists anticipated a recession. One of them was Harvard’s Larry Summers, a former Treasury secretary. He noted that anytime in the past 65 years when inflation rose above 4% and unemployment fell below 5%, the economy entered a downturn within two years. Inflation…#harvard #larrysummers #treasury #federalreserve #jeromepowell #rogeraliagadía #goldilocks #vanguard #aliagadía #torstenslok (Source: Reuters: Health)
Source: Reuters: Health - March 20, 2024 Category: Consumer Health News Source Type: news
State Militias and the Second Amendment: Decentralizing Military Power
According to a new report from the federal government's Bureau of Labor Statistics this week, the US economy added 275,000 jobs for the month of February while the unemployment rate rose to 3.9%. In... (Source: Reuters: Health)
Source: Reuters: Health - March 19, 2024 Category: Consumer Health News Source Type: news
The Case for Secession: How Breaking Away Maximizes Liberty
According to a new report from the federal government's Bureau of Labor Statistics this week, the US economy added 275,000 jobs for the month of February while the unemployment rate rose to 3.9%. In... (Source: Reuters: Health)
Source: Reuters: Health - March 19, 2024 Category: Consumer Health News Source Type: news
Fed Meets Amid Worries That Inflation Progress Might Stall
Slowing America’s rapid inflation has been an unexpectedly painless process so far. High interest rates are making it expensive to take out a mortgage or borrow to start a business, but they have not slammed the brakes on economic growth or drastically pushed up unemployment. Still, price…#federalreserve (Source: Reuters: Health)
Source: Reuters: Health - March 19, 2024 Category: Consumer Health News Source Type: news
Before Bernie Sanders, Richard Nixon championed the 4-day workweek
While this could describe the present moment — down to the unemployment rate — the year was 1956. Long before artificial intelligence entered the chat and Sen. Bernie Sanders (I-Vt.) filed a 32-hour workweek bill, another leader — then-vice president Richard M. Nixon (R) — made a similar proposal…#berniesanders #richardmnixon #erikloomis #industrialrevolution #worldwarii (Source: Reuters: Health)
Source: Reuters: Health - March 19, 2024 Category: Consumer Health News Source Type: news
