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Federal Reserve Bank of Boston President Susan Collins stands behind the Jackson Lake Lodge in Jackson Hole, where the Kansas City Fed holds its annual economic symposium, in Wyoming, U.S., August 24, 2023. Collins joins a growing set of Fed officials who have started preaching patience in considering any further rate hikes. But, she said, "there's been some promising evidence of inflation coming down," with goods price increases moderating, and shelter inflation likely to ease as well. There has been less progress on services inflation, Collins said, adding "I don't take off the table the possibility" that rates may need to rise again. I remain optimistic that we can bring inflation down in a reasonable amount of time without requiring a large increase" in unemployment, she said.

Persons: Susan Collins, Ann Saphir, Collins, there's, Howard Schneider, Dan Burns, David Gregorio Our Organizations: Reserve Bank of Boston, Kansas City Fed, REUTERS, Rights BOSTON, Boston Federal, Fed, Thomson Locations: Jackson, Wyoming, U.S

☆ Students Are Missing School at an Alarming Rate
▼ + stars: | 2023-11-17 | by ( Sarah Mervosh | More About Sarah Mervosh | ) www.nytimes.com time to read: +3 min

In the most affluent schools, widespread chronic absenteeism also increased: to 14 percent of schools, up from 3 percent before the pandemic. For example, in Ohio, chronic absenteeism spiked to 30 percent in the 2021-22 school year, from nearly 17 percent of students in 2018-19. In some states, like California and New Mexico, the rate of chronic absenteeism was still double what it was before the pandemic. Widespread absenteeism also affects school culture, hurting even the students with strong attendance. It has disrupted students’ relationships — with other students at school, and with teachers, who often are burned out and leaving their jobs at higher rates.

Persons: “, Hedy Chang, Ms, Chang, ” Organizations: Johns Hopkins University Locations: Ohio, California, New Mexico

Research prepared for a Boston Federal Reserve labor market conference found that whether driving for Uber to make ends meet or taking piecework jobs in retirement, casual contract workers sometimes don't consider themselves "employed" or even a part of the labor force. The research involved reexamining the detailed responses to a New York Fed survey of "informal work" from 2015 through 2022. Other research looked at how job training and policies towards employing those with a criminal record might help. Their research found many gig workers want additional hours of formal employment, suggesting more untapped labor supply. "And the higher levels of activity and participation can benefit those brought into the labor market, contributing to a vibrant economy that works for all."

Persons: Mike Segar, Uber, Anat Bracha, Mary A, Burke, Bracha, rehashed, Jerome Powell, Susan Collins, Collins, Howard Schneider, Dan Burns, Paul Simao Organizations: REUTERS, Rights BOSTON, Federal, Boston Federal Reserve, Hebrew University Business School, Boston Fed, Fed, New, Labor, Boston, Thomson Locations: New York City , New York, U.S, Jerusalem

☆ Downtowns Are Full of Empty Buildings. Universities Are Moving In.
▼ + stars: | 2023-11-17 | by ( Michael Kimmelman | More About Michael Kimmelman | ) www.nytimes.com time to read: +2 min

I’ll say straight off: It’s not architecture for the ages, but it’s an interesting, high-end model of an urban quad and a good example of how struggling downtowns are finding a glimmer of hope as satellite campuses. In design jargon, the term is “adaptive reuse,” which is the same story as turning empty office towers into apartment buildings. Universities like Hopkins are not the ultimate cure-all for what now ails downtowns across America, though, especially since they don’t pay property taxes like for-profit companies. Downtowns are still struggling. WeWork, which presently rents more office space than any other company in the United States, filed for bankruptcy this month.

Persons: David Rockwell, Hopkins, Paul Levy Organizations: Johns Hopkins University Bloomberg Center, Rockwell Group, Philadelphia’s Center City District Locations: Pennsylvania, Washington, Texas, New York, America, United States, downtowns

From a health perspective, people in places like the U.S., Canada and Europe eat far more meat, especially red meat and processed meat, than recommended. There’s no question that cutting back on meat consumption could have real and lasting effects. Meat consumption is “orders of magnitude higher” in the U.S. than in low-income countries, and meals are often centered around it. Despite those hurdles, certain interventions can cut meat consumption, research shows. Interventions described as “nudges,” or small choices aimed at influencing behavior, appear to be among the most effective at cutting meat consumption.

Persons: — Preston Cabral, Eugenio Maria De Hostos, Vegans, Keren, Martin Bloem, he’s, Julia Wolfson, “, ” Wolfson, Ricardo Morales, ” Organizations: The Associated Press, NORC, for Public Affairs Research, United, Food and Agricultural Organization, United Nations, Food and Agriculture Association of, University of Oxford, Johns Hopkins Bloomberg School of Public Health, Johns Hopkins University ., Stanford University, of Public Health, AP, Preston Cabral’s, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group Locations: I.S, United Kingdom, U.S, Canada, Europe, Netherlands, Haarlem, Amsterdam

But the steady ebbing of inflation hasn't translated into good news for either President Joe Biden or the Federal Reserve when it comes to public opinion. They're just going up at a slower rate," Fed Governor Christopher Waller said last week when asked at a research conference about common public misconceptions. Inflation expectations have fallen, according to a New York Fed survey but remain well above the central bank's 2% target. Both Waller and Fed Governor Lisa Cook took note of the public mood last week in similar comments about the expectation for prices to fall, which they don't frequently do. Reuters GraphicsBut if inflation readings continue to show a slowdown, the Fed could put more weight on sustaining the strength of the job market.

Persons: Joe Biden, They're, Christopher Waller, That's, Biden, Jeff Jones, Waller, Lisa Cook, Derek Tang, Howard Schneider, Dan Burns, Paul Simao Organizations: Federal Reserve, Fed, Reuters, Democratic, Gallup, Reuters Graphics, New, FOCUS, Biden, Thomson Locations: U.S, shutdowns

The American Farm Bureau Federation's annual survey of holiday food prices out Wednesday shows the full spread will run a party of 10 about 4.5% less in 2023 than in 2022. Her analysis, in fact, and the evolution of the farm bureau's Thanksgiving meal prices are a micro-version of the larger pandemic inflation story that households, elected officials and the Federal Reserve have been grappling with. The good news: The pace of change may remain slow going forward, with supply problems now largely sorted out and recent producer price data pointing to modest food inflation ahead. According to the farm bureau turkey prices are likely headed even lower after their survey. "Consumers who have not yet purchased a turkey may find additional savings in the days leading up to Thanksgiving," the organization said in a news release.

Persons: Betty Resnick, Resnick, Howard Schneider, Andrea Ricci Organizations: American Farm Bureau, Federal Reserve, Reuters, Federal, AAA, airfares, Consumers, Farm Bureau, Labor Department, Thomson

☆ Bruce Willis’ wife finding new hope and joy in the ‘small things’
▼ + stars: | 2023-11-15 | by ( Lisa France | Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Emma Heming Willis is opening up about being a caregiver for her husband Bruce Willis. FTD can affect behavior, personality, language, and movement.”In her essay, Heming Willis reflected on some of the things she has learned and experienced since her husband’s diagnosis. I have hope in having found a new purpose—admittedly one I never would have gone looking for—using the spotlight to help and empower others,” she continues. “And I have hope in how our entire family can find joy in the small things, and in coming together to celebrate all the moments life has to offer.”The couple married in 2009 and share two young daughters. It was announced last year that Willis would be stepping away from his career due to cognitive issues.

Persons: Emma Heming Willis, Bruce Willis, Maria Shriver’s, Heming Willis, Bruce, ” “, Johns Hopkins, “, ”, I’m, it’s, Willis Organizations: CNN

☆ Maryland has the lowest unemployment rate in American history, at just 1.6%
▼ + stars: | 2023-11-15 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

The mid-Atlantic state registered a record unemployment rate of 1.6% in September — less than half the national unemployment rate of 3.8% that month — Labor Department data shows. That’s the lowest seasonally adjusted unemployment rate of any state on records going back to 1976, according to a CNN analysis. However, Maryland’s job market is still robust, with government and health care employers adding jobs at a brisk pace. Here’s a dive into the labor market of the state with the lowest unemployment rate in American history:Where the jobs areThe biggest industries in Maryland are government, health care, education and professional services. Fort Meade, a military base, is the largest employer in the state, according to Moody’s Analytics.

Persons: ” Christina DePasquale, Johns, Colin Seitz, “, ” Seitz, There’s, ”, Mary Kane, what’s, Kane, ” Daniel Zhao, ” Zhao Organizations: DC CNN, — Labor Department, CNN, Baltimore, Fort Meade, University, of Maryland, Johns Hopkins University, Labor Department . State, Health, Johns Hopkins Carey Business School, Moody’s, Maryland, Bureau of Labor Statistics, Maryland Hospital Association, Labor, Maryland Chamber of Commerce, “, Maryland Department of Labor, DC Locations: Washington, Atlantic, California, Lexington, Maryland, Fort, Florida, Texas, Virginia

☆ Major Study Confirms Salt's Deadly Effect on Blood Pressure
▼ + stars: | 2023-11-13 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +4 min

Investigators said theirs is one of the largest studies ever to include people taking high blood pressure meds in a look at the effect of reducing dietary intake of sodium. She said researchers previously didn't know if people already on blood pressure meds could lower their blood pressure even more by reducing their sodium intake. High blood pressure is a leading cause of illness and death worldwide. Before each study visit, participants wore blood pressure monitors and collected their urine for 24 hours. "The effect of reduction in dietary sodium on blood pressure-lowering was consistent across nearly all individuals, including those with normal blood pressure, high blood pressure, treated blood pressure and untreated blood pressure," Gupta said in a Northwestern news release.

Persons: Carole Tanzer Miller, ”, Norrina Allen, Deepak Gupta, Allen, Gupta, Dr, Cora Lewis, Johns Organizations: Northwestern University Feinberg School of Medicine, Vanderbilt University Medical Center, University of Alabama, American Medical Association, American Heart Association, Johns Hopkins Medicine, Northwestern University Locations: Chicago, Nashville, Tenn, Northwestern, Birmingham, Philadelphia

☆ Four deaf people died in the Lewiston mass shooting. The tragedy highlights their unique vulnerabilities during a crisis
▼ + stars: | 2023-11-12 | by ( Faith Karimi | ) edition.cnn.com time to read: +8 min

Seal was an advocate for the deaf community and a prominent sign-language interpreter at state government briefings during the coronavirus pandemic. People sign "I love you" at a vigil for victims of last month's mass shooting in Lewiston, Maine. Matt Rourke/APAdvocates for the deaf community say the attack resonated in a population that rarely makes headlines, marking a communal loss that reverberated nationwide. He was desperate for news but was left in the dark, said Minch, who is a member of Maine’s deaf community. Police gather at Schemengees Bar, where four members of the deaf community were killed when a gunman opened fire on October 25.

Persons: they’re, Howard Rosenblum, It’s, ” Meg Erasmus, William “ Billy ” Brackett, Bryan MacFarlane, Joshua Seal, Steve Vozzella, Seal, Matt Rourke, Rosenblum, ” Erasmus, “, ” It’s, Erasmus, Tommy Minch, CNN’s Omar Jimenez, Minch, Regan Thibodeau, David Sokol, ” Minch, Joseph Prezioso, it’s, ” Rosenblum, community’s, ” Organizations: CNN, National Association of, National Deaf Therapy, Maine Educational Center, Johns Hopkins Medicine, USA, Deaf, Police, Getty, Lewiston, “ Locations: Lewiston , Maine, Lewiston, Schemengees, Maine, AFP

☆ Family in ‘Take Care of Maya’ Documentary Is Awarded $261 Million
▼ + stars: | 2023-11-10 | by ( Christine Hauser | More About Christine Hauser | ) www.nytimes.com time to read: +1 min

A jury in Florida ordered a hospital to pay $261 million in damages to a family after the parents were accused of abusing their daughter and barred from seeing her during months of treatment. Their story was chronicled in the Netflix documentary “Take Care of Maya.”Jurors in Florida’s 12th Judicial Circuit in Sarasota County found against Johns Hopkins All Children’s Hospital in St. Petersburg, court documents issued Thursday show, ordering $211 million in compensatory damages and $50 million in punitive damages for false imprisonment, battery, medical negligence and other charges. Damages were awarded for infliction of emotional distress on the daughter in question, Maya Kowalski, and her mother, Beata Kowalski, who died by suicide in 2017. Maya’s father, Jack Kowalski, was named as a plaintiff in the case representing Maya and his wife’s estate, court documents showed. “For the first time, I feel like I got justice,” Maya Kowalski, now 17, said in a statement to reporters outside of the courtroom after the decision.

Persons: Johns, Maya Kowalski, Beata Kowalski, Maya’s, Jack Kowalski, ” Maya Kowalski Organizations: Netflix, Johns Hopkins, Children’s Locations: Florida, Florida’s, Sarasota County, St . Petersburg

☆ The $2 Million Coal Mine That Might Hold a $37 Billion Treasure
▼ + stars: | 2023-11-09 | by ( Julie Steinberg | Photographs Louise Johns For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Twelve years ago, former Wall Street banker Randall Atkins bought an old coal mine outside Sheridan, Wyo., sight unseen, for about $2 million. He thought the mine might eke out a profit. Instead, Atkins recently learned it could bring a windfall.

Persons: Randall Atkins, Atkins Organizations: Wall Street Locations: Sheridan

Officials have not yet released body camera footage of the most recent shooting, which occurred Tuesday afternoon, but residents of the southwest Baltimore neighborhood expressed outrage over what they called an unnecessary loss of life. The man, later identified as Hunter Jessup, started running and allegedly pointed a gun at police during the ensuing chase. The group said DAT officers treat them with disdain and routinely initiate negative interactions. Police leaders often commend officers for getting illegal firearms off the streets, and Baltimore gun violence overall has been trending downward in recent months. Daniel Webster, a professor at Johns Hopkins University’s Center for Gun Violence Solutions in Baltimore, said the success of specialized gun units often hinges on a focused approach.

Persons: “ They’re, ”, Rashawn McNeil, “, ” McNeil, Hunter Jessup, McNeil, Richard Worley, Jessup, ” Worley, Freddie Gray’s, Tyre Nichols, Daniel Webster, Webster, there’s, Lindsey Eldridge, ” Eldridge, Rashad McNeil, ” Rashawn McNeil, “ It’s Organizations: BALTIMORE, Baltimore Police Department, Police, Force, of Justice, Johns Hopkins University’s Center, Gun Violence Solutions, Webster’s, National Association of Criminal Defense Lawyers, Baltimore Locations: Baltimore, Jessup, Memphis

Federal Reserve Board Chair Jerome Powell answers a question at a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in Washington, U.S., November 1, 2023. The fight to restore price stability "has a long way to go," the Fed chair said. Going forward, "it may be that a greater share of the progress in reducing inflation will have to come from tight monetary policy restraining the growth of aggregate demand," Powell said. "Supply shocks that have a persistent effect on potential output could call for restrictive policy to better align aggregate demand with the suppressed level of aggregate supply," he said. Reporting by Howard Schneider and Ann Saphir; Editing by Andrea RicciOur Standards: The Thomson Reuters Trust Principles.

Persons: Jerome Powell, Kevin Lamarque, Powell, Howard Schneider, Ann Saphir, Andrea Ricci Organizations: Federal, Committee, Federal Reserve, REUTERS, Rights, . Federal, International Monetary Fund, Thomson Locations: Washington , U.S

☆ Asteroid visited by NASA spacecraft has a ‘puzzling’ companion
▼ + stars: | 2023-11-08 | by ( Ashley Strickland | ) edition.cnn.com time to read: +4 min

CNN —Dinkinesh, a small asteroid that NASA’s Lucy mission visited last week, continues to surprise. At first, images suggested that the space rock was part of a binary pair, with a smaller asteroid orbiting Dinkinesh. The first image taken by the spacecraft during its closest approach revealed the companion, but not the fact that it was a contact binary. “Contact binaries seem to be fairly common in the solar system,” said John Spencer, Lucy deputy project scientist at the Southwest Research Institute, in a statement. The skeleton has helped researchers piece together aspects of human evolution, and NASA Lucy team members hope their mission will achieve a similar feat regarding the history of our solar system.

Persons: CNN —, Lucy, Goddard, Johns Hopkins, ”, John Spencer, we’ve, We’d, Hal Levison, “, Tom Statler, NASA Lucy Organizations: CNN, NASA, Southwest Research Institute, Dinkinesh, Trojans Locations: Ethiopia, Jupiter

☆ Lloyd's of London to invest $65 million following slavery report
▼ + stars: | 2023-11-08 | by ( Carolyn Cohn | ) www.reuters.com time to read: +3 min

Signage is seen inside the Lloyd's of London building in the City of London financial district in London, Britain, April 16, 2019. The 335-year old insurance market apologised in 2020 for its role in the 18th and 19th century slave trade. The Lloyd's market is made up of nearly 50,000 people, and Lloyd's wants one in three new hires to come from ethnic minorities. Historians estimate between one and two-thirds of the British marine insurance market was based on the slave trade in the 18th century. The research also showed that Joseph Marryat, Lloyd's of London chairman from 1811 to 1824, had enslaved people, White added.

Persons: Hannah McKay, Lloyd's, We've, Bruce Carnegie, Brown, Alexandre White, Joseph Marryat, White, Garba, Carolyn Cohn, Sinead Cruise, Jan Harvey, Elaine Hardcastle Organizations: REUTERS, London, Black, Johns Hopkins University, Mellon Foundation, Reuters, Central Fund, African Development Bank, Inter, American Development Bank, UN, Equity, of, United Nations, European Union, U.S, Thomson Locations: London, City, Britain, Liverpool, Lloyd’s

"This was an outstanding quarter ... this big blowout number," Waller told an economic data seminar at the St. Louis Fed. So this is something we are keeping a very close eye on when we think about policy going forward." It's clearly calming down," with recent employment gains more in line with the levels seen before the coronavirus pandemic, Waller said. The Fed is in the process of weighing that and other data to determine whether to hike the benchmark policy rate again. However neither Goolsbee nor Minneapolis Fed President Neel Kashkari, who spoke to Bloomberg Television on Tuesday, ruled out further Fed rate increases.

Persons: Christopher Waller, Waller, Louis Fed, Michelle Bowman, Bowman, Lisa Cook, Austan Goolsbee, Goolsbee, Neel Kashkari, Kashkari, Howard Schneider, Lindsay Dunsmuir, Michael Derby, Ann Saphir, Paul Simao, Andrea Ricci Organizations: Federal Reserve, St, Ohio Bankers League, Fed, New York Fed, Atlanta, CNBC, Chicago Fed, Minneapolis, Bloomberg Television, Thomson Locations: U.S

Chaos erupted at the gathering as a single shot was fired in events recorded by bystanders' cell phones and a surveillance camera. The appeal of the detention order argues that bail was denied arbitrarily in a decision that stems from “false narratives” and insufficient evidence. Prosecutors say they expect the pretrial detention order to be upheld. Lidyard authorized a trial and denied bail for Martinez after nearly five hours of court testimony and a review of video evidence. Lidyard also highlighted testimony that Martinez appeared to be converting semi-automatic guns at home into automatic weapons.

Persons: Ryan David Martinez, Juan de Oñate, Martinez, “, ”, Nicole Moss, Ray Marshall, —, “ Mr, Jason Lidyard, Nathan Lederman, Mr, Lauren Rodriguez, Lidyard, expletives, Jacob Johns, Johns, John Day, Judge Lidyard Organizations: SANTA FE, New, Prosecutors, U.S . Federal Locations: SANTA, New Mexico, American, Spanish, Sandia, Española, Rio Grande, Santa Fe, Spokane , Washington

"But I would say that an expectation of higher near-term policy rates does not appear to be causing the increase in longer-term rates." The interest rate on the 10-year Treasury bond has risen roughly a percentage point since the summer, breaching the 5% level late last month before dropping in recent days to its current level around 4.64%. The Fed has not raised its policy rate since July. Cook did not comment on her specific view of the Fed's policy rate, focusing instead on an overview of financial stability issues. In her overview of financial stability, Cook said she felt that the banking system had weathered the stresses of last spring, and "remains sound and resilient overall."

Persons: Lisa DeNell Cook, Ken Cedeno, Lisa Cook, Cook, Jerome Powell, Howard Schneider, Paul Simao Organizations: Governors, Federal Reserve System, Banking, Housing, Urban, Capitol, Washington , D.C, REUTERS, Rights, Federal, Duke University, Thomson Locations: Michigan, Washington ,, U.S

While more than half of banks reported tightening business lending standards in the second quarter, just 35% said they cranked down further in the third quarter, with about 62% keeping standards the same. Demand for commercial and industrial loans weakened most among small firms, with more than half of banks saying credit demand had fallen among firms with annual sales of less than $50 million. About 39% of bank loan officers said loan demand had fallen among larger firms in the third quarter, compared to nearly 60% in the second quarter. For households, 86% of loan officers said they had kept standards for home mortgages about the same in the third quarter, though 12% said standards had gotten tighter. Just over 5% of banks said they had tightened standards in the second quarter.

Persons: Banks, Daniel Silver, Morgan, Howard Schneider, Paul Simao Organizations: Federal Reserve, Reuters, Fed, Thomson Locations: U.S

☆ U.S. Treasury's Yellen to meet Chinese vice premier ahead of APEC summit
▼ + stars: | 2023-11-06 | by ( David Lawder | ) www.reuters.com time to read: +3 min

[1/2] U.S. Treasury Secretary Janet Yellen discusses "U.S.-China Economic Relationship" during a forum hosted by the Johns Hopkins University at the Nitze Building in Washington, U.S., April 20, 2023. REUTERS/Sarah Silbiger/File Photo Acquire Licensing RightsWASHINGTON, Nov 6 (Reuters) - U.S. Treasury Secretary Janet Yellen will meet with Chinese Vice Premier He Lifeng in San Francisco this week to try to deepen a fledgling economic dialogue between the world's two largest economies ahead of a U.S.-hosted summit of Pacific Rim leaders. The Treasury said the Nov. 9-10 meetings will also convene the new economic and financial forums launched in October by the Treasury and China's finance ministry and central bank. Yellen also is keen to discuss what steps Chinese officials are contemplating to support their flagging economic growth, and what circumstances might change their policy path. Instead, Yellen said she was "focusing on specific, high-priority economic topics on which we can make tangible progress."

Persons: Janet Yellen, Sarah Silbiger, Yellen, Joe Biden, Xi Jinping, David Lawder, Simon Cameron, Moore Organizations: . Treasury, Johns Hopkins University, REUTERS, Rights, Pacific Rim, Treasury, San, Biden, Asia Pacific Economic Cooperation, U.S, Washington Post, Thomson Locations: China, Washington , U.S, San Francisco, U.S, Beijing

Prescriptions for ketamine have soared in recent years, driven by for-profit clinics and telehealth services offering the medication as a treatment for pain, depression, anxiety and other conditions. With its recent adoption for pain, patients are increasingly encountering those same effects. Ketamine targets a brain chemical messenger called glutamate, which is thought to play a role in both pain and depression. “We want patients to disassociate or feel separate from their pain, depression or anxiety,” said Dr. David Mahjoubi, owner of Ketamine Healing Clinic in Los Angeles. But the experts found “weak or no evidence” for ketamine in many more conditions, including back pain, migraines, fibromyalgia and cancer pain.

Persons: “, ”, Padma Gulur, Gulur, Daniel Bass, Bass, ” Bass, David Mahjoubi, they’re, Eric Schwenk, Thomas, “ There’s, Johnson, Samuel Wilkinson, Caleb Alexander, Matthew Perrone Organizations: WASHINGTON, Duke University, Duke, Food and Drug Administration, FDA, Thomas Jefferson University, Epic Research, Johnson, Drug Enforcement, Yale University, Johns Hopkins University, Twitter, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: As, U.S, Southgate , Kentucky, Los Angeles, anesthesiology, Massachusetts

☆ The Maine gunman was a ‘textbook case’ for a state law designed to remove firearms from people like him. Why didn’t it work?
▼ + stars: | 2023-11-05 | by ( Manav Tanneeru | Emma Tucker | ) edition.cnn.com time to read: +19 min

Lewiston, Maine CNN —The signs were there: hearing voices, expressing paranoid thoughts and making threats so violent, extra patrols were sent to guard a military installation. Instead, law enforcement relied on the gunman’s family to keep guns from him after they tried without success to talk to the reservist. Sheriff Joel Merry told CNN on Saturday law enforcement officers weren’t able to make contact with Card during two visits. The Sagadahoc County Sheriff’s Office sent an alert to other law enforcement agencies saying they were trying to locate Card. The fact law enforcement in Maine didn’t utilize the yellow flag law in Card’s case could point to its shortcomings, Rocque said.

Persons: Robert Card, ”, Michael Rocque, Rocque, Shannon Frattaroli, ” Frattaroli, Sheriff Joel Merry, ’, Merry, “, Alex Piquero, Piquero, Card, Michael Sauschuck, hadn’t, ” Sauschuck, Robert F, Roque, Jack Clements, WMTW, Sheriff Merry, Card’s, Salwan Georges, Aaron Frey’s, ” Rocque, It’s, Janet Mills, Erin Clark, ” CNN’s Shimon Prokupecz, Mark Morales Organizations: Maine CNN, US Army, CNN, Bates College, Lewiston , Maine . Maine Department of Public Safety Authorities, D.C, Johns Hopkins Bloomberg School of Public Health, Center, Gun Violence Solutions, “, Sheriff’s, University of Miami, US, of Justice Statistics, 3rd Battalion, Army, Public, Alcohol, Tobacco, Firearms, Explosives, ATF, Saco Police, New York Times, Army Reserve, ” CNN, Sheriff’s Office, An Army, Maine Department of Public Safety, Giffords Law, Washington Post, Maine Gov, Army National Reserve Unit, Boston Globe Locations: Lewiston, Maine, Lewiston ., “, Lewiston , Maine, Washington, Sagadahoc, Auburn , Maine, Saco, WMTW Maine, Lisbon , Maine, ” Maine, New York

The monthly data does comes with a footnote: The headline job gains of 150,000 were depressed by a United Auto Workers strike. But even accounting for that the number was close to the 183,000 monthly pace of job growth sustained for the 10 years before the pandemic, from 2010 to 2019, and to that extent looked "normal" after years of outsized job gains. The pace of annual wage growth eased down to 4.1% in October in a continuing decline, while the month-to- month increase of 0.2% annualizes to around 2.4%, within the Fed's comfort zone. If labor force growth is coupled with an easing of open jobs, it could show a job market moving closer to balance. But if consumption remains strong and drives still-high numbers of openings, then a stall in labor force growth could reignite wage pressures.

Persons: Jerome Powell, Howard Schneider, Andrea Ricci Organizations: Federal Reserve, United Auto Workers, Reuters Graphics Reuters, Reuters, Thomson Locations: U.S

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