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Economy

“160,138,000: Record Number of Employed in January”

“The Labor Department’s Bureau of Labor Statistics says a whopping 517,000 non-farm jobs were created in January, way above estimates of 183,000. “Job growth was widespread, led by gains in leisure and hospitality (+128,000), professional and business services (+82,000), and… Continue Reading…

Economy

“…Labor Force Participation and Number of Employed People Fall; Unemployment Rate Holds at 3.6%”

“Non-farm payrolls added 428,000 jobs in April, in line with the the consensus estimate of around 400,000, the Labor Department’s Bureau of Labor Statistics reported on Friday. The number of employed people fell to 158,105,000, a decrease of 353,000 from… Continue Reading…

Economy

“The $68 trillion transfer of wealth in America is evaporating amid crisis”

“ According to a survey by the Center for New Middle Class, there was a 25% drop in the number of baby boomers who said they are self-employed or own their own business in the second quarter. That impact could… Continue Reading…