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Dow Jones - 2 Allison Joyce - 1 Nonfarm payrolls - 1 Amy Glaser - 1 resiliency - 1 Glaser - 1 we've - 1 Drew Matus - 1
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Bolivia , North Carolina U.S
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Search resuls for: "Brunswick Community College"


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☆ Jobless rates rise in May for all racial groups except white Americans
  + stars: | 2024-06-07 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: 1 min
The unemployment rate for white Americans held steady from April to May, bucking the trend for all other racial groups, according to data released Friday by the Labor Department. White unemployment remained at 3.5% last month, making the demographic group the only one that didn't experience a rise in jobless rates from April to May. It also went against the overall unemployment rate, which edged higher to 4% from 3.9%. Meanwhile, the jobless rate for Black Americans rose to 6.1% from 5.6%. For Asian and Hispanic workers, respectively, it rose to 3.1% from 2.8%, and to 5% from 4.8%.
Organizations: Brunswick Community College, Labor Department . Locations: Bolivia , North Carolina
☆ U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
  + stars: | 2024-05-03 | by ( Jeff Cox | ) www.cnbc.com   time to read: +1 min
Signage at a job fair at Brunswick Community College in Bolivia, North Carolina, US, on Thursday, April 11, 2024. The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, reversing a trend of robust job growth that had kept the Federal Reserve cautious as it looks for signals on when it can start cutting interest rates. The unemployment rate ticked higher to 3.9% against expectations it would hold steady at 3.8%. Average hourly earnings rose 0.2% from the previous month and 3.9% from a year ago, both below consensus estimates and an encouraging sign for inflation. The jobless rate tied for the highest level since January 2022.
Persons: Dow Jones Organizations: Brunswick Community College, Reserve, Dow Locations: Bolivia , North Carolina, U.S
☆ Here's what to expect from the April jobs report on Friday
  + stars: | 2024-05-02 | by ( Jeff Cox | ) www.cnbc.com   time to read: +5 min
Allison Joyce | Bloomberg | Getty ImagesHiring likely continued at a brisk pace in April as investors look for any cracks in the labor market that could sway the Federal Reserve. If that top-line number is accurate, it actually would reflect a small step back from the average 276,000 jobs a month created so far in 2024. April's jobs market featured more strength in health care and leisure and hospitality, Glaser added. Beating expectationsIndeed, the labor market has been full of surprises this year, topping Wall Street estimates at a time when many economists expected hiring to have slowed down. "The Goldilocks scenario is an unemployment rate rise with a participation rate rise," Matus said.
Persons: Allison Joyce, Nonfarm payrolls, Dow Jones, Amy Glaser, resiliency, Glaser, we've, Drew Matus, Matus, Jerome Powell Organizations: Brunswick Community College, Bloomberg, Getty, Federal Reserve, MetLife Investment Management, of Labor Locations: Bolivia , North Carolina
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