The Fed held key interest rates steady again Wednesday, as expected, and signaled that a decision that could affect everything from credit card rates to the housing market to new business creation could still be months away.
Friday’s jobs data showed a strong, resilient U.S. labor market with wages outpacing inflation — welcome news for Americans hoping to have more purchasing power in 2024.
With economic forecasters rewriting their 2024 outlooks following recent moves from the Federal Reserve, The Conversation turned to two financial economists to share their thoughts on the upcoming year.
According to the latest report from the Bureau of Labor Statistics, the United States gained 199,000 jobs in November, while the unemployment rate declined to 3.7 percent.
In its October 2023 employment situation report, the Pennsylvania Department of Labor & Industry revealed that the state’s unemployment rate held steady at a historic low of 3.4%, unchanged from the previous month and notably below the national rate of 3.9%. Pennsylvania’s unemployment rate in October 2023 was a full percentage point lower than the …
Statewide unemployment data for September was released by the Pennsylvania Department of Labor & Industry and the new rate of 3.4 percent is an all time low for Pennsylvania.
The United States added 336,000 new jobs in September, according to the monthly report released by the Bureau of Labor Statistics.
The Bureau of Labor Statistics (BLS) most recently updated their labor force and employment related data for Philadelphia, PA. Titled “Economy at a Glance,” the list of data includes two data series: 1) Labor Force Data and 2) Nonfarm Wage and Salary Employment Data. Some key figures for Philadelphia relate to the overall fall in …