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The Latest News about the economy

The economy ebbs and flows, but whether it’s strengthening or weakening, we report on how it affects you.

May Jobs Report: 75,000 Jobs Added, Unemployment Remains at 3.6 Percent

The U.S. economy added 75,000 jobs in May while the unemployment rate remained at 3.6 percent, according to Department of Labor data released Friday. Economists predicted 180,000 jobs would be added and that wage growth would rise to about 3.2%, according to The Wall Street Journal. Jobs numbers for April were revised down from 263,000 to 75,000, according to the ...

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New Poll Shows Good News For Trump As Voters Give Him Credit For Strong Economy

Donald Trump success

Voters are praising President Donald Trump’s handling of the economy as unemployment numbers hit their lowest point in nearly five decades, according to a Wall Street Journal poll published Sunday morning. Trump’s overall approval rating ticked up slightly to 46 percent, the poll notes. It also shows that the same percentage of voters who disapprove of the president (51 percent) ...

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Trumponomics: 263,000 Jobs Added, Unemployment At 3.6 Percent in April

Donald Trump success

The U.S. economy added 263,000 jobs in April while the unemployment rate fell to 3.6 percent, making March the 103rd straight month of job growth, according to Department of Labor data released Friday. Economists predicted 190,000 jobs would be added and the unemployment rate would hold at 3.8 percent, according to The Wall Street Journal. Jobs numbers for March were ...

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Democrats Are Blind and Deaf

The Democrat Party’s abuse of power is extreme and unAmerican. After inspecting the character and shallow mindedness of their leaders, they are a long way from having any sort of super bowl team! Their current Presidential rallies barely have enough people to fill an auto, much less a stadium. Is it possible to understand their arrogance and total disdain for ...

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Trump Effect: First Quarter GDP Blows Out Expectations, Best Q1 Since 2013

Donald Trump success

The U.S. economy grew at an amazing pace during the first quarter of 2019, according to data from the government. Gross Domestic Product (GDP) grew at 3.2% smashing economists’ expectations of only 2.5% and the best showing in the first quarter since 2013. The great quarter came due to private industries increased investment spending, an increase in exports by American ...

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196,000 Jobs Added, Unemployment 3.8 Percent

Donald Trump success

The U.S. economy added 196,000 jobs in March while the unemployment rate remained steady at 3.8 percent, making March the 102nd straight month of job growth, according to Department of Labor data released Friday. Economists surveyed by The Wall Street Journal expected that the jobs report would show solid growth by 175,000 jobs and for the unemployment rate to remain ...

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Trump Effect: Unemployment Claims Hit 50-Year Low

Donald Trump success

The total number of workers claiming unemployment insurance fell to the lowest level in 50 years, the Department of Labor reported Thursday. The number of applications claiming unemployment insurance benefits dropped by 10,000, bringing the number of applicants to 202,000, the lowest recorded number since Dec. 6, 1969, when the U.S. workforce and population were much smaller than they are ...

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Report: Private Sector Employment Increased by 129,000 Jobs in March

Private sector employment increased by 129,000 jobs from February to March according to the March ADP National Employment Report®.  Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics.  The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment ...

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Under Trump, People With The Least Education Have Seen Their Income Rise The Fastest

Donald Trump success

Americans with the least amount of education have seen the strongest growth in their wages in the past decade, the Wall Street Journal reports. Wages for workers with less than a high school education degree grew roughly 21 percent from the beginning of 2009 to the end of 2018, according to Department of Labor data reviewed by WSJ. For education ...

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Survey: 42 Percent Of Job Applicants Don’t Meet Skills Requirements, But Companies Are Willing To Train

More than three in four professionals would apply for a job even if they aren’t qualified84 percent of companies are willing to hire and train a candidate who lacks required skills62 percent of employees have been offered a position when they were underqualified; this has happened most frequently in Charlotte, San Diego, Austin and Washington, D.C. Should professionals mind the ...

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China Trying To Stem Economic Slowdown, Failing

China is trying to stem an economic slowdown, including rising unemployment, continuing into the first two months of 2019 after documenting its worst year of economic growth in nearly 30 years in 2018. Beijing is trying to counter the slowdown by spending more on infrastructure project and encouraging banks to extend loans to small businesses, reported The Wall Street Journal ...

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Small Business Hiring Remained Flat in February, While Wage Growth Increased

Small business job growth consistent with previous month Hourly earnings growth increased slightly A new report out Tuesday continued to reflect signs of the tight labor market. At 98.93, the Small Business Jobs Index was unchanged in February, remaining just below 99. Though the rate of job growth has stayed relatively consistent over the past three months, the national index ...

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US Stocks Had Their Best January In 30 Years And China Deal Could Keep It Going, Says Stuart Varney

U.S. stocks had their best January in the last 30 years and President Donald Trump’s potential trade deal with China could help keep the trend going. “I will not forecast where the stock market’s going, but I’m going to tell you that it just had a terrific month of January,” Fox Business host Stuart Varney said on “Fox & Friends” Friday. “Interest ...

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US Economy Adds Over 300,000 Despite Shutdown

economy going up

The U.S. economy added 304,000 jobs while the unemployment rate rose slightly to 4 percent in the first month of 2019, according to Department of Labor (DOL) data released Friday. January marks the 100th straight month of job growth in the U.S., a record more than twice as long as the previous one of 48 months set in June 1990. ...

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