US economy adds 303K jobs in March, much stronger than expected
U.S. job growth unexpectedly surged in January, highlighting the resilience of the labor market despite high interest rates and stubborn inflation. Employer added Employment in March was 303,000 peopleThe figure was well above the 200,000-job increase expected by economists at LSEG, the Labor Department said in its monthly payroll report released Friday. The unemployment rate […]
303,000 Jobs Added To U.S. Economy in March
US Employer Added 303,000 The Ministry of Labor announced on Friday that it would cut workers’ March salary payments. Unemployment rate Check down to 3.8 That’s up from 3.9 percent the previous month. Economists had expected employment to rise by 200,000 and the unemployment rate to be flat at 3.9% last month. The government reported […]
Washington Examiner’s Tiana Doescher argues voters know how Trump and Biden have handled economy
The Washington Examiner’s Tiana Lowe Doescher argued Wednesday that the economy will likely be a key factor in whom voters cast their vote for this November, as they are aware of how it was under both President Joe Biden and former President Donald Trump. Many are anticipating a rematch between Biden and Trump in the […]
Biden’s tax-hike plan would cost the US economy nearly 800K jobs
Maya McGuineas, chair of the Committee for a Responsible Federal Budget, outlines “three fundamental ways” Biden could reduce the national debt. President Biden has proposed various policies. tax increase Targeting corporations and wealthy Americans, the tax hike could weigh on an already fragile U.S. economy, according to the Tax Foundation. A study by the Tax […]
COVID Will Have ‘Lasting Effect’ and Must ‘Get People to Move Again’ and Improve ‘Best Economy’
“We have the best economy in the world. We have to improve it.” And we will see that what has happened as a result of the health crisis we have had will have a lasting impact. We need them to do it. We’re ready. I think the country is ready to come together…I’m really optimistic.” […]
Joe Biden Faces Significant Problem on Economy with Young Voters
Recent polls show President Joe Biden is losing support among young voters concerned about economic hardship. Young voters who have recently graduated from left-leaning academic institutions are typically the demographic that overwhelmingly supports Democratic candidates. Biden won 61% of voters under 30 in 2020. Watch — CNBC’s Sullivan: Haves prefer Bidennomics to have-nots: The 2024 […]
Maryland governor warns bridge collapse will have ‘massive impact’ on US economy across multiple industries
Democratic Maryland Gov. Wes Moore appears on “Fox News Sunday” to discuss efforts to clean up and rebuild the collapsed Baltimore bridge. Maryland Gov. Wes Moore said Sunday that his state would not be the only one to feel the economic impact of the collapse of the Francis Scott Key Bridge in the Port of […]
‘Hardcore Pawn’ star Les Gold says economy leading to clientele pawning items
As the U.S. economy continues to slump during President Biden’s term, pawn shops across the country are seeing an increase in customers looking to pawn items rather than redeem them for cash, said former “Hardcore Pawn” star and Detroit pawn shop representative.・Mr. Gold told FOX News. Mr. Gold, who appeared on the popular show True […]
Powell: ‘No reason’ to think economy is close to recession
Federal Reserve Chairman Jerome Powell said Friday there is “no reason” to think the U.S. economy is approaching a recession. “Growth is strong,” Powell said at a news conference in San Francisco. “As I said, the economy is in good shape. There is no reason to think the economy is in or on the brink […]
Economy expanded faster than expected on boost from shoppers, strong job market
The U.S. economy grew faster than previously expected in the fourth quarter, boosted by strong consumer spending and business investment in non-residential buildings such as factories and medical facilities. A report released by the Commerce Department on Thursday also showed a solid increase in profits last quarter by non-financial companies. Increased profits and increased employee […]