Employers added 303,000 jobs in March, surging past economic forecasts

[ad_1] Labor secretary on latest job numbers Unemployment rises to 3.9%, labor secretary responds 07:08 U.S. employers added 303,000 jobs in March, far surpassing of economists’ predictions and signaling the labor market remains resilient. Analysts surveyed by FactSet expected businesses had added 200,000 jobs last month. The unemployment rate held steady at 3.8%, the U.S. … Read more

Expert on maximizing your tax refund

[ad_1] Expert on maximizing your tax refund – CBS News Watch CBS News As the tax season progresses, the IRS reports having received over 71.5 million tax returns, already issuing more than 49 million refunds to Americans. With the average refund amounting to $3,109, CBS News business analyst Jill Schlesinger offers advice on how Americans … Read more

Voters remember Trump’s economy as being better than Biden’s. Here’s what the data shows.

[ad_1] As voters head to the polls on Super Tuesday, many will be voting with one issue top of mind: the state of the U.S. economy.  A recent CBS News poll found that 65% of Americans remember the economy under former President Donald Trump as being good, compared with 38% giving the current economy under … Read more

Wendy’s to introduce surge pricing in 2025

[ad_1] Wendy’s to introduce surge pricing in 2025 – CBS News Watch CBS News Wendy’s says it will introduce surge pricing in 2025, meaning the cost of a burger or Frosty could go up at the busiest times of the day. Jo Ling Kent reports. Be the first to know Get browser notifications for breaking … Read more

Economists see brighter outlook for 2024. Here’s why.

[ad_1] The U.S. economy is having what some experts are calling a “Goldilocks” moment. A panel of economists expect this year to be characterized by faster growth, shrinking inflation and healthy job creation — a far cry from the widespread fears of a recession that marked 2023. The National Association for Business Economics (NABE) on … Read more

After searing inflation,

[ad_1] Treasury Secretary Janet Yellen said “American workers are getting ahead” now that their pay is growing faster than inflation, making the Biden administration’s case that the U.S. has rebounded from the economic calamity caused by the pandemic.  “We know that Americans are experiencing discomfort because some important prices are higher than they were pre-pandemic,” … Read more

U.S. economy surges with 353,000 jobs added in January, doubling expectations

[ad_1] U.S. economy surges with 353,000 jobs added in January, doubling expectations – CBS News Watch CBS News In a significant boost to the job market, the U.S. economy added 353,000 jobs in January, nearly twice what economists had forecasted. CBS News business analyst Jill Schlesinger breaks down the importance of these numbers. Be the … Read more

The job market is strong. So why did layoffs double in January?

[ad_1] The job market remains one of the U.S. economy’s main engines, with the nation’s unemployment rate near a 50-year low and wages finally pulling ahead of inflation. At the same time, major companies in technology, finance, media and other key sectors have all recently announced sizable job cuts, with layoffs nationwide more than doubling in … Read more

High rents leave many financially stretched

[ad_1] High rents leave many financially stretched – CBS News Watch CBS News While rents have been easing for the past few months nationwide, prices are still up significantly compared to before the pandemic, largely due to inflation. Providence, Rhode Island, saw one of the highest rent increases in the U.S. last year, and according … Read more