The U. S. Federal Reserve might lower interest rates in December. This is because the economy shows signs of slowing down. Job growth is weaker than before. Inflation is also lower. These changes make it likely that the Fed will cut rates. Investors are hopeful. They think cheaper money is coming.
The job market is in a funk. It's not growing much, and it's not shrinking either. This hasn't happened since the Great Recession in 2009. Back then, the Black Eyed Peas were topping the charts, and Bitcoin was worth almost nothing. A recent report shows that job growth in the U. S. has been slow.
In 2024, the job market might see a shake-up with Donald Trump's second term. Healthcare has been leading job growth, adding nearly a million jobs in both 2023 and 2024. This jump is partly due to Covid-related spending and an aging population. The government sector, meanwhile, created about 440, 00
December brought a big surprise in the job market, with a whopping 256, 000 new jobs added. This was way more than the expected 155, 000, and it even surpassed November's 212, 000 new jobs. The unemployment rate also dropped slightly to 4. 1%. Even a broader measure, including those who are discoura
As 2024 comes to an end, the final jobs report is set to be released on Friday. This report can give us a hint at what 2025 might look like for jobs. In 2024, job growth started slowing down a bit. The US added about 180, 000 jobs each month, which is similar to the pace in the years before the pand
The demand for mental health services is skyrocketing, and with it, the need for professionals to provide those services. A recent analysis of data from the US Bureau of Labor Statistics found that employment in the mental health field is expected to grow three times faster than the average for all
August's jobs report painted a mixed picture of the US economy, with some sectors booming while others struggled. Leisure and hospitality and healthcare and social assistance led the way, adding over 40,000 jobs each. But what does this tell us about the overall health of the economy? If these sec
