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Personal Finance ‘Low-hire, low-fire’: The U.S. job market is stagnant right now, economists say
Personal Finance ‘Low-hire, low-fire’: The U.S. job market is stagnant right now, economists say https://www.cnbc.com/2024/12/09/low-hire-low-fire-the-us-job-market-is-stagnant-right-now.html?&qsearchterm=jobs
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Georgia's Unemployment Rate Holds Steady at 3.6% for Third Consecutive Month
Summary of Georgia's October 2024 Labor Market Update - Unemployment Rate: Georgia's unemployment rate remained at 3.6% for the third consecutive month, lower than the national rate by 0.5%. - Jobs Overview: - Record Highs: - Labor Force: - Initial Unemployment Claims: Commissioner’s Statement: Labor Commissioner Bruce Thompson credited pro-business policies for Georgia’s economic stability, highlighting strong job creation and workforce participation despite national slowdowns in job growth. https://dol.georgia.gov/press-releases/2024-11-14/georgias-unemployment-rate-holds-steady-36-third-consecutive-month
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Annual inflation rate hit 2.6% in October, meeting expectations
- The consumer price index increased 0.2% in October, taking the 12-month inflation rate up to 2.6%. Both numbers were in line with expectations. - The core CPI accelerated 0.3% for the month and was at 3.3% annually, also meeting forecasts. - Despite signs of inflation moderating elsewhere, shelter prices continued to be a major contributor to the CPI move. - Inflation-adjusted average hourly earnings for workers increased 0.1% for the month and 1.4% from a year ago. https://www.cnbc.com/2024/11/13/cpi-inflation-october-2024.html
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Jobless rate ticks higher in October for white Americans, bucking the broader trend
- The unemployment rate for white workers inched higher to 3.8% in October from 3.6% in September. - This bucked the overall unemployment rate, which held steady at 4.1% last month. - Jobless rates were also unchanged for Black and Hispanic Americans, while unemployment crept lower for Asian workers in October. https://www.cnbc.com/2024/11/01/jobless-rate-ticks-higher-in-october-for-white-americans-bucking-the-broader-trend.html
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Economy Here’s where the jobs are for October 2024
- The October jobs report marked the weakest pace of job creation since 2020. - Employment growth across industries showed a mixed U.S. economy. - Growth in the period was led by health care and social assistance as well as the government. - - https://www.cnbc.com/2024/11/01/heres-where-the-jobs-are-for-october-2024-in-one-chart.html
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