A Labor Department report on Friday is expected to show another solid month of job growth to start 2025, despite routine but larger-than-usual annual revisions. The median estimate among economists surveyed by Bloomberg pegs growth at 175,000 jobs in January, which would be in line with the average over the preceding quarter — although the […]
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The Labor Department’s latest monthly report on hiring and unemployment will include revisions for previous months that should give a more accurate picture of the U.S. job market — but that could also sow confusion. When the data is released on Friday, one major measure of employment will be revised up. Another will be revised […]
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Employers stuck the landing in 2024, finishing the year with a bounce of hiring after a summer slowdown and an autumn marred by disruption. The economy added 256,000 jobs in December, seasonally adjusted, the Labor Department reported on Friday. The number handily beat expectations after two years of cooling in the labor market, and the […]
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For a time, not too long ago, it was the central question animating economic forecasts and bets laid by investors in financial markets: Will the U.S. economy avoid a recession? Now, for many in the business world, that question feels almost passé, part of an earlier, more fretful era of narratives. After a superlative run […]
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But inflation, a global phenomenon caused by supply chains still creaking under the chaos of the pandemic and an energy market roiled by the war in Ukraine, stole the show. “Inflation was caused because demand came back stronger and faster than supply, and inflation went down because supply eventually caught up,” when supply chains ironed […]
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Screenshot: News4 JAX A Fort Lauderdale, Fla. man who spent years swindling unemployment and COVID relief funds from the system just had his hustle blown all the way up – and now, he’s looking at some serious time in jail. Suggested Reading Cheat Sheet: What Is A Recession? Off English Suggested Reading Conrad Brandon Bernard […]
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