Initial Jobless Claims Jumped 28,000 to Two-Year High of 261,000… More than 11,000 of the increase was in just two states, California, and Ohio. What it means— With tech company layoffs, California ...
Week In Review – September 6 2022
The U.S. Economy Created 315,000 Jobs in August, as the Unemployment Rate Climbed From 3.5% to 3.7%… The June and August jobs numbers were revised lower by a total of 107,000. What it means— ...
Week In Review – April 4 2022
The U.S. Economy Created 431,000 Jobs in March... The unemployment rate fell to 3.6%. What it means— The jobs number missed by 60,000, but the January and February totals were revised higher by ...
Week In Review – March 28 2022
Federal Reserve Chair Powell Said Central Bank Stands Ready to Raise Rates by 0.50% if Necessary... In remarks about fighting inflation, Powell noted that the bankers will do whatever is necessary, ...
Week In Review – March 21 2022
The Federal Reserve Raised Rates by 0.25%... The central bankers forecast that they will raise rates six more times this year, bringing the federal overnight funds rate close to 2%. What it means— ...