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July 15, 2024 7:08 am

National News

U.S. Job Growth Continues to Outpace Expectations 

U.S. job growth surged in May, adding 272,000 jobs—well above expectations—driven by significant gains in health care, government, and leisure and hospitality sectors, while average hourly earnings also increased, indicating a robust labor market despite a slight uptick in unemployment.

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Low-wage states with cheap housing dominated the post-pandemic jobs boom

In the past five years, over half of the nation’s new jobs have been generated in Texas and Florida, marking a shift towards states with lower wages and living costs, while high-wage states like California and New York experience a decline in job creation due to factors including remote work flexibility and migration to areas with lower living expenses.

Read More »

Inflation Continues to Improve, Beats Expectations 

Inflation continues to improve, with the May Consumer Price Index showing flat consumer prices and slower annual growth, leading to record highs for the Nasdaq and S&P 500, and the Federal Reserve maintaining interest rates with potential decreases expected later this year.

Read More »

U.S. Job Growth Continues to Outpace Expectations 

U.S. job growth surged in May, adding 272,000 jobs—well above expectations—driven by significant gains in health care, government, and leisure and hospitality sectors, while average hourly earnings also increased, indicating a robust labor market despite a slight uptick in unemployment.

Read More »

Low-wage states with cheap housing dominated the post-pandemic jobs boom

In the past five years, over half of the nation’s new jobs have been generated in Texas and Florida, marking a shift towards states with lower wages and living costs, while high-wage states like California and New York experience a decline in job creation due to factors including remote work flexibility and migration to areas with lower living expenses.

Read More »

Inflation Continues to Improve, Beats Expectations 

Inflation continues to improve, with the May Consumer Price Index showing flat consumer prices and slower annual growth, leading to record highs for the Nasdaq and S&P 500, and the Federal Reserve maintaining interest rates with potential decreases expected later this year.

Read More »