A Jacksonville woman got state unemployment money when she was out of a job during the pandemic. Now, three years later, the state is asking for money back because of its own mistake.>>> STREAM ACTION … A Jacksonville woman got state unemployment money when she was out of a job during the pandemic. Now, three…
Unemployment jumped from 3.4% in April to 3.9% in October. As recently as the summer, one would have described the jobless rate as bouncing around at a low level. Now it looks like a more decisive … Unemployment jumped from 3.4% in April to 3.9% in October. As recently as the summer, one would have…
A rule of thumb says when the unemployment rate rises half a percentage point, the economy ends up in a recession. Thus, its increase to 3.9% in October from 3.8% in September and … Versions of this rule popularized by Goldman Sachs and economist Claudia Sahm use smoothed data that do not yet signal recession….
The rise in unemployment to 3.9% last month means joblessness is close to triggering the so-called Sahm Rule, which has proven to be reliable predictor of recessions in the past. The rise in unemployment to 3.9% last month means joblessness is close to triggering the so-called Sahm Rule, which has proven to be reliable predictor…
U.S. job growth slowed in October in part as strikes by the United Auto Workers (UAW) union against Detroit’s “Big Three” car makers depressed manufacturing payrolls, and the increase in annual wages was the smallest in nearly 2-1/2 years, U.S. job growth slowed in October in part as strikes by the United Auto Workers (UAW)…
Two Bank of England policy makers said Britain’s tight labor market is feeding a wage-price spiral, with one suggesting that unemployment may need to hit 6% to tame inflationary pressures.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashHedge Fund Executive’s Sudden Death Exposes a…
U.S. job growth slowed more than expected in October in part as strikes by the United Auto Workers (UAW) union against Detroit’s “Big Three” car makers depressed manufacturing payrolls, while wage inflation cooled, U.S. job growth slowed more than expected in October in part as strikes by the United Auto Workers (UAW) union against Detroit’s…
Unemployment in Lancaster County dipped to 2.4% in September, making it the third lowest in the state. The 2.4% rate, which is not seasonally adjusted, puts the county at a level it saw in April and, before that, not since 2000, the U.S. Bureau of Labor … Unemployment in Lancaster County dipped to 2.4% in…
The economy was supposed to get a lot weaker and hiring was supposed to freeze up. Neither has happened. The U.S. is likely to show 170,000 new jobs in October. The economy was supposed to get a lot weaker and hiring was supposed to freeze up. Neither has happened. The U.S. is likely to show…
Workers filing for the first time for unemployment benefits last week jumped to its highest total since early September with a seasonally adjusted 217,000 applying, according to new statistics release Workers filing for the first time for unemployment benefits last week jumped to its highest total since early September with a seasonally adjusted 217,000 applying,…