There was both good news — and bad news — in the latest jobs report, providing an unclear picture as the Federal Reserve weighs how much to cut interest rates.
A preliminary report from the Labor Department shows U.S. employers added 818,000 fewer jobs in the year ending in March than initially reported. The news comes during an election season in which the economy is a key issue.
U.S. employers added just 114,000 jobs in July as the unemployment rate rose to 4.3%. The weaker-than-expected report is adding to fears of an economic slowdown.
Early in the morning a lifelong Savannahnian and a military veteran commute 50 minutes in a 15-year-old SUV from Savannah to the Hyundai Metaplant, the $7.56 billion electric vehicle factory rising from amid the pine forests of rural Bryan County.
The Joint Blue Ribbon Committee Investigating Licensing Issues is expected to hold several meetings this year as it considers ways to reduce professional licensing glitches, costs and the amount of time it takes to process and review applications. Ideas include adopting more universal standards and making it easier to transfer licenses from other states and countries.
The consumer website WalletHub compared 182 cities based upon professional opportunities and quality of life. Atlanta also ranked high for growth rates in median household income.
U.S. employers added 303,000 jobs last month, and the unemployment rate dipped to 3.8%. Construction companies added 39,000 jobs, despite high interest rates.
U.S. employers added 353,000 jobs in January — far more than forecasters expected. The sizzling job market is good for workers but could cause the Federal Reserve to postpone a cut in interest rates.
U.S. employers added 216,000 jobs in December, as the unemployment rate held steady at 3.7%. The labor market proved resilient in 2023, despite rising interest rates.
The latest numbers show a strong picture for the U.S. economy. Yet many Americans have a pessimistic view. Here's how an adviser to Joe Biden says they're addressing that.
U.S. employers added 199,000 jobs in November, higher than the 150,000 jobs created in the previous month, reflecting in part the return of striking UAW and Hollywood workers.