Unemployment fell to 3.5% under Biden admin.
President Joe Biden keeps seeing good economic news and bad public approval ratings. The unemployment rate fell to 3.5% in March. More than 236,000 jobs were added. But there has…
unemployment
US Jobless Benefits Rose to 225K Last Week
US Jobless Benefits Rose to 225K Last Week Newslooks- WASHINGTON (AP) The number of Americans applying for jobless benefits rose slightly last week, but the labor market remains healthy despite…
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First-ever national policy conference for Black veterans addresses inequalities
A new annual conference held in Washington D.C. seeks to remedy inequalities facing black veterans. Organized by the Black Veterans Empowerment Council, nearly 20 advocacy groups for service members of…
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Are we returning to 1970s stagflation?
Soaring inflation has economists worried we’re about to repeat the stagflation experienced in the late 1970s under President Jimmy Carter. Usually inflation only increases when the economy is strong and…
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The Fed: Fighting inflation means fighting income inequality
Usually, when the Federal Reserve raises interest rates, it’s seen as a threat to disadvantaged and lower-income households. Fed officials are trying to turn that around by pointing out how…
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Four findings from new jobs report
Friday’s government’s jobs report for March showed an increase of 431,000 jobs added in March, with the unemployment rate falling to 3.6%. A full 80% of people in the key…
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Jobless claims plunge to lowest level since 1969
As job openings surge, Americans are filing jobless claims in the lowest numbers in 52 years. It’s not just because they’re already on unemployment; a very low number of Americans…
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Jobless claims rise to 286,000 in US, highest since October
Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday. The unemployment rise comes just as President Biden’s presidency…
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Job market threatened by inflation, Powell says
Unemployment is not decreasing as fast as it should, and that’s in part due to rampant inflation, Federal Reserve Chair Jerome Powell admitted. The Senate Banking Committee is currently considering…
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Jobless rate in US sinks to 3.9% as more people find jobs
Wages rose sharply, a sign that companies are competing fiercely to fill their open jobs, and a record-high wave of people quitting jobs, as many workers seek better employment opportunities,…
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Record 4.5 million Americans quit their jobs in November
Confidence is coming back to American workers as people quit jobs in November form low-end wages, in what is presumably people searching for higher pay, and or better, more satisfying…
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