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The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December. The unemployment rate dipped to 4.1% from 4.2%, wrapping up a year that marked a ...
Markets reacted immediately. The 10-year yield shot up to nearly 4.8% and the S&P 500 dropped sharply 1.4% Friday morning as investors priced in a longer pause from the Fed on further rate cuts ...
U.S. job openings rose unexpectedly in November, showing companies are still looking for workers even as the labor market has cooled overall. Openings rose to 8.1 million in November, the most ...
The unemployment rate rose from 4.1% to 4.2%, the Labor Department said Friday. Economists surveyed by Bloomberg had forecast 215,000 job gains. Also encouraging: Job gains for September and ...
The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into three ...
Since 1960, foreign-born immigrant women have the lowest labor market participation rate between all of the groups in the United States. [58] The groups include immigrant men and individuals born in the United States. [58] Foreign-born immigrant women participate in the labor force between 75 and 78 percent lower than native born males. [58]
However, the labour market differs from other markets (like the markets for goods or the financial market) in several ways. In particular, the labour market may act as a non-clearing market. While according to neoclassical theory most markets quickly attain a point of equilibrium without excess supply or demand, this may not be true of the ...
Today, inflation is stingily hanging above the Federal Reserve's target, mortgage rates are nearing 7%, and 30-year Treasury yields are around 5% and rising, a fact that may reflect market doubts ...