Steep jobs data revision
sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill’s Business & Economics Newsletter {beacon} Business and Economics Business and Economics Full text The world of lobbying: Ex-Apple employee joins auto trade group The Alliance for Automotive Innovation, an auto industry trade group, is hiring […]
US economy created 818,000 fewer jobs than previously reported
Raymond James Investment Management’s Matt Orton explains why he’s optimistic about the U.S. economy on Mornings with Maria. New data released Wednesday showed that U.S. job growth for most of the past year was significantly weaker than previously reported. The Bureau of Labor Statistics revised down its total labor force participation rate. Total number of […]
Jobs Number Revised Down 818,000
The Pro Trump News home page features 60 new headlines every 24 hours, click here to see them. The U.S. economy created 818,000 fewer jobs over the past 12 months than initially thought, according to the Labor Department. The revision period will last until March 2024. CNBC reported: The U.S. Labor Department said Wednesday that […]
US economy missing 818,000 jobs. America, we’re dealing with a wacky view of our economic health
John Lynch, CIO of Comerica Wealth Management, discusses his outlook for the 2024 employment revision, his expectations for Fed Chairman Powell’s Jackson Hole speech, where to allocate capital, and target returns. Government statistics tend to paint a rosier picture of the economy than Americans actually believe it to be. For example, more than half of […]
Most in new survey view criminal justice jobs positively, less so with Harris's previous roles
A new survey finds that while a majority of Americans have a positive outlook on criminal justice jobs in general, fewer are satisfied with the role Vice President Harris has held so far. A YouGov poll found that Released ThursdayAccording to the survey, respondents most highly valued forensic pathologists (78%), social workers (71%), police officers […]
ForexLive Asia-Pacific FX news wrap: AUD higher on the session, solid jobs report – ForexLive
High Risk Warning: Foreign exchange trading involves a high degree of risk and may not be suitable for all investors. Leverage increases risk and loss. Before trading foreign exchange, you should carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some or all of your initial investment. Do not invest […]
Paramount TV Studios to shut down as Shari Redstone-led media giant begins slashing 2K jobs ahead of likely Skydance merger
Paramount Television Studios will be closed as part of a broader cost-cutting effort ahead of parent company Paramount Global’s merger with Skydance Media, company executives said. The entertainment giant’s three co-chief executives announced the closure of the studio, known for producing shows such as “The Offer,” “Reacher” and “13 Reasons Why,” and began major layoffs […]
Time’s up on the Harris basement strategy. Liberal media minions need to do their jobs
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Cisco axing thousands of jobs in second round of layoffs amid shift to AI: report
Network equipment maker Cisco plans to cut thousands of jobs in its second round of layoffs this year as it shifts focus to higher-growth areas such as cybersecurity and artificial intelligence, according to people familiar with the matter. The number of people affected could be the same or slightly higher than the 4,000 employees Cisco […]
Paramount slashing thousands of jobs, writes down value of cable networks by $6B
Paramount Global on Thursday said it would write down the value of its cable-networks business by about $6 billion and cut 15% of its workforce, even as its streaming business reported its first quarterly profit. Paramount shares rose more than 5% in after-hours trading. The impairment reflects declining viewership for cable networks such as Nickelodeon, […]