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The 2024 PGA Championship started with 156 golfers on Thursday. It will soon dwindle to only the top 70 in the standings — plus ties. After 36 holes, the major tournament at Valhalla Golf Club ...
In an interview with Reuters this week, Atlanta Fed President Raphael Bostic said if monthly net job growth falls much below 100,000, the approximate breakeven rate he feels is needed to ...
This week's half point cut was mostly expected by market pricing, but was fore ... The Fed's new economic projections showed the unemployment rate, at 4.2% in August, ending this year at 4.4% and ...
The unemployment rate (U-3), measured as the number of persons unemployed divided by the civilian labor force, rose from 5.0% in December 2007 to peak at 10.0% in October 2009, before steadily falling to 4.7% by December 2016 and then to 3.5% by December 2019. [ 40 ] By August 2023, it reached 3.8 percent.
The current unemployment rate of 4.1 percent is still below the Fed’s estimates of the “natural” rate of unemployment (4.2 percent) — a level that allows for everyone who wants a job to ...
Here are a few of the more encouraging data points from the robust employment report for September: Average hourly earnings rose by 0.4% to $35.36 in September, which works out to an annual ...
The U.S. economy added 199,000 jobs last month, and the unemployment rate dropped to 3.7%, the Bureau of Labor Statistics reported Friday. That’s compared with consensus estimates for 150,000 ...
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