Unemployment rate falls to 3% on LI as more residents leave the labor force
The Island’s unemployment rate dropped to 3% last month, down 0.4 percentage points from a rate of 3.4% in November 2023, ...
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Federal Reserve Prepares Third consecutive Rate Cut Amid Strong Employment Data
The Federal Reserve is expected to implement its third consecutive rate cut today, reducing rates to 4.25-4.5%, while crypto ...
‘Bye-bye’ February rate cut as unemployment rate falls to 3.9pc
More than 35,000 people found jobs in November, pushing the unemployment rate below 4 per cent for the first time since March ...
US Labor Costs Revised Down in Sign of Easing Inflation Pressure
US labor costs grew less than initially estimated in the third quarter after a downwardly revised decline in the prior three ...
Why the Fed is likely to cut interest rates again despite inflation uptick, solid economy
The Federal Reserve is expected to cut interest rates for a 3rd straight meeting despite a recent inflation pick-up and solid economy and job market.
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Why Labor Data Matters for Mortgage Rates and the Fed
Although one single data point is never decisive, when inflation is high, the Fed generally raises interest rates to ...
San Diego County Unemployment Declines Slightly Between October and November
San Diego County's unemployment rate decreased slightly in November to 4.6% from a revised 4.7% in October, but above the ...