The unemployment rate dipped to 3.4%, a new half-century low.
and others, most workers are enjoying an unusual level of job security even at a time when many economists foresee a recession approaching.
The Fed, hoping to cool the job market and the economy — and, as a consequence, inflation — has steadily raised borrowing rates, most recently on Wednesday. Year-over-year measures of consumer inflation have steadily eased since peaking at 9.1% in June. But at 6.5% in December, inflation remains far above the Fed’s 2% target, which is why the central bank’s policymakers have reiterated their intent to keep raising borrowing rates for at least a few more months.
The Labor Department’s monthly count of layoffs has amounted to fewer than 1.5 million for 21 straight months. Until 2021, that figure had never dropped so low in records dating back two decades.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
US adds a surprisingly strong 517,000 jobs despite Fed hikesBREAKING: America’s employers added a robust 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates. The unemployment rate dipped to 3.4%.
Weiterlesen »
Last Of Us Creator Had Surprisingly Emotional Reaction To Real ClickersThough they're terrifying creatures, TheLastOfUs creator Neil Druckmann admits he almost cried when he first saw the HBO show's Clickers: 'And I am seeing it in real life and everybody’s kinda looking at me and I am getting teary-eyed.'
Weiterlesen »
Superhero doppelgangers: These DC and Marvel characters are surprisingly similarThey may exist in parallel universes, but heroes like Iron Man and Batman and villains like Thanos and Darkseid have more in common than you realize
Weiterlesen »
Singles will ditch a bad date in a surprisingly short time, study saysRudeness (48%), a companion constantly checking their phone (37%) and an awkward atmosphere (36%) are the top reasons for wanting out.
Weiterlesen »
The surprisingly easy process of buying an SF delicacy off the boatA San Francisco delicacy worth getting up early for.
Weiterlesen »
Companies give people fake 'manager' titles, and save billionsResearchers found that firms save a total of $4 billion in overtime payments every year by simply inflating workers' titles to avoid paying them in full. For employees, these inflated titles result in 13% less pay than they might otherwise get.
Weiterlesen »