Strong Jobs Report Signals Economic Resilience
==========
U.S. added 254,000 jobs in September 2024; unemployment rate fell to 4.1%; economists predict a 'soft landing' for the economy; J.P. Morgan's Elyse Ausenbaugh states 'A soft landing is in sight'; previous job data revised up by 72,000; three-month average job growth at 186,000; hospitality added 69,000 jobs, healthcare 45,000, government 31,000, social assistance 27,000, construction 25,000, professional services 17,000; average hourly earnings rose 0.4%, year-over-year wage increase of 4%; Bill Adams from Comerica Bank notes solid economic growth; Latinas contributed $1.3 trillion to the economy, 51% growth in a decade; Latina workforce participation rose to 60.5%; Latinas accounted for 27% of population growth from 2010 to 2021.
#Jobs #Economy #Unemployment #Wages #Latinas #Growth #SoftLanding #FederalReserve #Employment #LaborMarket
https://evrimagaci.org/tpg/strong-jobs-report-signals-economic-resilience-44102
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2024-10-07 07:57:38
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npub1pm5nf0vv5h8syx449lu2tr45ljdjhpz6lt6sncttxvdd0ft4djeqmc82t3Published at
2024-10-07 07:57:38Event JSON
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"content": "Strong Jobs Report Signals Economic Resilience\n==========\n\nU.S. added 254,000 jobs in September 2024; unemployment rate fell to 4.1%; economists predict a 'soft landing' for the economy; J.P. Morgan's Elyse Ausenbaugh states 'A soft landing is in sight'; previous job data revised up by 72,000; three-month average job growth at 186,000; hospitality added 69,000 jobs, healthcare 45,000, government 31,000, social assistance 27,000, construction 25,000, professional services 17,000; average hourly earnings rose 0.4%, year-over-year wage increase of 4%; Bill Adams from Comerica Bank notes solid economic growth; Latinas contributed $1.3 trillion to the economy, 51% growth in a decade; Latina workforce participation rose to 60.5%; Latinas accounted for 27% of population growth from 2010 to 2021.\n\n#Jobs #Economy #Unemployment #Wages #Latinas #Growth #SoftLanding #FederalReserve #Employment #LaborMarket\n\nhttps://evrimagaci.org/tpg/strong-jobs-report-signals-economic-resilience-44102",
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