The August jobs numbers were mostly good with one big exception, a 0.3 percentage point rise in the unemployment rate to 3.8 percent. This is still a relatively low rate. Coming out of the Great Recession, The August jobs numbers were mostly good with one big exception, a 0.3 percentage point rise in the unemployment…
By UK food inflation has been slowing down month-on-month, but it still remains stubbornly high with shoppers yet to feel a substantial difference.British Retail Consortium (BRC) data suggests it dropped to 11.5% in August from 13.1% in July and 17.4% in June, suggesting there is some light at the end of the tunnel.While consumer price…
China is facing a growing list of problems — real estate, semiconductor bans, and labor market gyrations. The world’s second most populous country also has a major youth unemployment problem. Since the end of 2022, China’s urban youth unemployment rate has risen to 21%, as of June 2023. This is up from 15.4% just two…
By: The personal consumption expenditures price index excluding food and energy rose at a 3.7% pace in the second quarter, the slowest in more than … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
Labor Day may mark the unofficial end of summer for much of the country, but in metro Phoenix, where high temperatures last through October, that’s far from true.Many Arizonans will be taking advantage of the long holiday weekend, traveling both by air and by road — even when Arizona is seeing average gas prices 50…
Usually when the economy adds a lot of jobs in a given month the unemployment rate ticks down. That wasn’t the case in August. Usually when the economy adds a lot of jobs in a given month the unemployment rate ticks down. That wasn’t the case in August. See the entire article on Arizona’s unemployment,…
By: Attention Savers: Unlock Unprecedented Interest Rates in Local Area. Savings | Sponsored … The Law for Defending Yourself in Public in Arizona … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: The Personal Consumption Expenditures index, the Federal Reserve Bank’s … The increase in prices means the typical American household spent $709 … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, suggesting that labor market conditions were easing and cementing expectations that the Federal Reserve will not raise interest rates this month. U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage…
By: The federal government paused student loan payments and interest rates during the pandemic. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.