Record-breaking heat waves, severe floods and acute wildfires, exacerbated by climate change, carry a colossal price tag: an approximately 19% reduction in global income over just the next 26 years, a new study published Wednesday found.
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Economists projected 205,000 jobs were added in March, a slowdown compared to February’s revised gains of 270,000. But last Friday’s data showed a shocking 303,000 new jobs were created that month.
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The AI explosion has already transformed workplaces across the world and nearly 40% of global employment could be disrupted by AI, according to the International Monetary Fund.
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The NCSU INDEX OF NORTH CAROLINA LEADING ECONOMIC INDICATORS (the “Index”) began 2024 with a slight dip. The Index dropped 1%, led by a 25% rise in initial jobless claims and a 13% fall in building permits. The national index was off 0.4%, manufacturing hours were unchanged and manufacturing...
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Don’t be surprised if Friday’s jobs report shows that February’s employment gains were far below those reported for January.
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The unemployment rate is hovering at 3.7%, just above a half-century low. At the same time, layoffs continue to arrive across almost every sector in 2024 as companies adjust to a shifting economy.
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The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs.
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Wholesale prices in the United States picked up in January, the latest sign that some inflation pressures in the economy remain elevated.
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Just a quarter of business economists and analysts expect the United States to fall into recession this year.
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