The Republican-led state of Florida hit its 30th consecutive month of job growth in October as the national labor force shrank, according to the state’s October 2022 economic data report. “Over the month, Florida’s labor force grew by 36,000, while the national labor force shrank, and Florida’s private sector employment growth was double the national
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The unemployment rate increased last month as the economy under President Biden struggles to return to pre-pandemic levels, according to a report from the Bureau of Labor Statistics. “The unemployment rate increased
On Monday, Federal Reserve Vice Chair Lael Brainard explained how the central bank’s interest rate hikes will affect the U.S. economy. The Federal Reserve raised interest rates by three-quarters of a percentage
The Republican-led state of Texas saw the fastest job growth in the country in August, continuing a monthslong pattern and breaking state employment records. “Texas set new employment highs in August, adding
On Wednesday, the Federal Reserve announced an interest rate hike of 0.75% to combat the inflation crisis, marking the third consecutive 0.75% increase. According to a recent report from the Bureau of Labor Statistics, prices
