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From April 1945 to August 2023, of the 115 million net jobs added, 83 million (72%) were under Democrats and 32 million (28%) were under Republicans. [8] Economists Alan Blinder and Mark Watson estimated job growth at 2.6% annually for Democratic presidents, about 2.2 times faster than the 1.2% for Republican presidents, for the 1949–2012 ...
In the 32nd month of Biden’s term (October 2023), unemployment hit 3.8 percent, compared with a 3.6 percent rate at the same point in Trump’s presidential era.
McBride’s forecast shows the average HELOC rate falling to 8.45 percent by the end of 2024, more than 1.5 percentage point lower than where it settled at the end of 2023.
The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...
Overview of campaign financing for Republican presidential candidates in May 2024 Candidate Total raised Total raised since last quarter Individual contributions Debt Spent Spent since last quarter Cash on hand Total Unitemized Pct; Trump [25] $199,544,675 $75,393,463 $2,328,862 $931,984 40.0% $140,946 $82,979,601 $7,892,437 $116,565,075
Average mortgage rates inch higher across popular terms as of Tuesday, December 24, 2024, pushing the 30-year fixed rate to 7.00% nearly a week after the Federal Reserve announced a third ...
American electoral politics have been dominated by successive pairs of major political parties since shortly after the founding of the republic of the United States. Since the 1850s, the two largest political parties have been the Democratic Party and the Republican Party—which together have won every United States presidential election since 1852 and controlled the United States Congress ...
At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...