US employers added over 300k jobs in March, what does it mean for interest rates?
Wednesday, 24 April 2024 () In a robust display of economic strength, US employers added more than 300,000 jobs in March, marking the largest gains in nearly a year and pushing the jobless rate down to 3.8%. The surge in hiring across various sectors suggests continued economic resilience, challenging expectations of imminent interest rate cuts. Significant job gains across multiple […]
Key Federal Reserve Inflation Gauge , Rose 2.8% in March.
According to Commerce Department
data released on April 26.
the personal consumption expenditures
(PCE) price index, not including food or energy, rose 2.8% year-over-year in March. .
That exceeded Dow Jones
estimates of 2.7%, CNBC...
US Job Market , Stays Strong Despite , Widespread Layoffs.
'Newsweek' reports that government job cuts are at the highest
they've been since September of 2011, with the most recent
wave of layoffs..
Credit: Wibbitz Top Stories Duration: 01:30Published
Federal Reserve Posts Massive, $114 Billion , Loss in 2023.
On March 26, the Federal Reserve
announced a record-breaking net
negative income of $114.3 billion in 2023.
Reuters reports that the loss..
Credit: Wibbitz Top Stories Duration: 01:30Published
Data Shows , US Wages Falling , at a 'Striking' Pace.
Fox News reports that wage growth
in the United States has slowed
significantly over the past year. .
According to new data from Indeed,
wage..
Credit: Wibbitz Top Stories Duration: 01:31Published
Wednesday, 24 April 2024 ()
![US Job Market Stays Strong Despite Widespread Layoffs [Video]](https://video.newsserve.net/300/v/20240405/1371919104-US-Job-Market-Stays-Strong-Despite-Widespread-Layoffs.jpg)
![Federal Reserve Posts Massive $114 Billion Loss in 2023 [Video]](https://video.newsserve.net/300/v/20240327/1371091068-Federal-Reserve-Posts-Massive-114-Billion-Loss-in.jpg)
![Data Shows US Wages Falling at a 'Striking' Pace [Video]](https://video.newsserve.net/300/v/20240319/1369527240-Data-Shows-US-Wages-Falling-at-Striking.jpg)
