Hurricanes Helene and Milton, which battered the southeastern U.S., were major contributors to the job losses. The hurricanes particularly affected temporary help services. Additionally, the ongoing Boeing strike significantly impacted the manufacturing sector, resulting in a loss of 46,000 jobs, primarily in transportation equipment manufacturing. Hurricanes and Strikes Impact Employment: Job losses were heavily driven…
As the election approaches, Vice President Kamala Harris’s campaign has received a boost from recent positive economic indicators. The United States has seen a slowdown in inflation, aligning closer to the Federal Reserve’s target, and a reduction in interest rates, which has brought mortgage rates to their lowest point in two years. These developments have…
In recent weeks, key economic indicators have signaled a strengthening economy. The Federal Reserve’s decision to cut interest rates has led to the lowest mortgage rates in two years, providing relief to prospective homeowners. The Commerce Department reported a robust 3 percent economic growth rate over the past year, adjusted for rising prices. These developments…
