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Showing 3,245 results for "labor market"

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    • Inflation expectations are calm, but some expect that to change

    by Mitchell Hartman
    Nov 20, 2024
    The Federal Reserve may take note of whether businesses anticipate having to pay higher wages or raise prices under the next administration.
    Consumers want prices to fall back to pre-pandemic levels, said Chris Jackson, head of public polling at Ipsos.
    Michael M. Santiago/Getty Images
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    Is long-haul trucking really facing a driver shortage?

    by David Brancaccio , Chris Farrell and Alex Schroeder
    Nov 20, 2024
    A new government-directed study casts doubt on the long-held idea that trucking is facing a labor shortage.
    Based on average wages from 2006 to 2024, experts found long-distance truckers have been making less than their peers working in residential construction.
    Chip Somodevilla/Getty Images
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    For college grads, the labor market grows a bit weaker

    by Elizabeth Trovall
    Nov 20, 2024
    At 5.3%, the unemployment rate for young university graduates is at its highest in around three years, said New York Fed economist Richard Deitz.
    At 5.3%, the unemployment rate for young university graduates is at its highest in around three years, said Richard Deitz at the New York Fed.
    Christina House/Los Angeles Times via Getty Images
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    Homebuilders remain confident despite uncertainty

    by Matt Levin
    Nov 19, 2024
    The National Association of Homebuilders reported its third straight month of improvement in its homebuilder confidence index, even though permits for new housing construction were down nearly 8% year over year.
    Homebuilder Justin Wood has saved money on loans when the Fed cut interest rates. But he's also had to spend on incentives for clients wary of rising mortgage rates.
    Andrew Caballero-Reynolds/AFP via Getty Images
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    Data shows more loans are being rejected — but why?

    by Justin Ho
    Nov 19, 2024
    The New York Federal Reserve found that rejection rates for loan applications are higher than they were in 2023 for credit cards, auto loans, mortgages and refinances.
    Nancy Vanden Houten, lead economist at Oxford Economics, said lower-income borrowers are having the most trouble with credit card and auto loan applications.
    Justin Sullivan/Getty Images
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    Marketplace Tech

    SpaceX engineered cheaper space flight, but startups are entering the market

    Nov 19, 2024
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    How economic inequality has and hasn't changed since the pandemic

    by Matt Levin
    Nov 18, 2024
    From 2019 to 2022, total U.S. household wealth grew 25%., but there's lots of evidence that Americans are disenchanted with this economy.
    Post-pandemic wealth inequality hasn't been what Wall Street expected.
    Spencer Platt/Getty Images
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    Rent inflation has been slowly cooling down for 18 months

    by Justin Ho
    Nov 13, 2024
    While shelter costs are up from last year, according the consumer price index, other data shows rents have been falling in some metro areas.
    Shelter prices rose nearly 5% in the past 12 months, according to the latest CPI report. But rents have been falling for nearly a year and a half.
    Bryan R. Smith/AFP via Getty Images
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    Inflation is higher in New York and Hawaii than in Tampa and Denver. Why?

    by Samantha Fields
    Nov 13, 2024
    It mostly comes down to one thing: housing.
    Housing prices are rising at different rates for people in different regions.
    Allison Dinner/Getty Images
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    Why beef prices have been rising this fall

    by Justin Ho
    Nov 11, 2024
    Drought conditions in parts of the South and Midwest have caused ranchers to shrink cattle herds. That's one factor pushing cattle prices higher recently.
    Dry conditions mean less hay or grass for cattle to graze on, tightening overall supply of domestic cattle.
    Brandon Bell/Getty Images
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    David Brancaccio