WASHINGTON — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates. Friday’s report from the government showed that December’s job gain exceeded the 173,000 ...
Editor’s Note: The Lock Haven Express commissioned exclusive, feature articles relating to Start-Up and Small Business operations. Intended to provide entrepreneurs with a “treasure map” through the murky waters of business, the columnist offers strategies to generate profits, avoid ...
WASHINGTON (AP) — The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years. The office’s Current View of the Economy from 2023 to 2025 report estimates that the unemployment rate will hit 4.4% in the fourth quarter of 2024 and remain close to that level through 2025. Currently, the unemployment rate is 3.7%, according to the latest Bureau of Labor Statistics ...
NEW YORK (AP) — Americans picked up their spending from October to November unexpectedly as the unofficial holiday season kicked off, underscoring the power of shoppers despite elevated prices. Retail sales rose 0.3%, in November from October, when sales fell 0.2%, according to the ...
Workers compensation insurance is an important part of running a business with employees, and business owners should know that there are upcoming changes to the way costs are calculated starting in 2024. The Pennsylvania Compensation Rating Bureau, the organization who sets the rates, is ...
WASHINGTON (AP) — The nation’s employers added a solid 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing,” in which inflation would return to the Federal Reserve’s 2% target without causing a steep ...
