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Gen Zers Are Going Into Debt, Roommates And Taking On More Jobs As Their Economy Worsens

Gen Zers Are Going Into Debt, Roommates And Taking On More Jobs As Their Economy Worsens

Gen Zers are taking on credit card debt — and missing payments — at an increasing rate. We spoke with three of them about the financial difficulties they are facing. Student debt, inflation and housing costs continue to be obstacles as a recession looms. Loading Something is loading. Thank you for your registration! Access your …

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Three signs from today's jobs report that suggest inflation will remain elevated

Three signs from today’s jobs report that suggest inflation will remain elevated

Friday’s jobs report showed that the booming US economy is creating hundreds of thousands of jobs, suggesting rising prices are here to stay despite the Federal Reserve’s efforts to contain them. The United States added 263,000 jobs in November, according to the federal jobs report released Friday, well above the 200,000 job gains expected by …

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US economy adds more jobs than expected in November

US economy adds more jobs than expected in November

The US economy added more jobs than expected in November, a sign that demand for new workers remains strong despite the Federal Reserve’s efforts to cool the economy. Nonfarm payrolls rose 263,000 last month, versus 200,000 expected, according to data released by the Bureau of Labor Statistics. The figures marked a decline from the upwardly …

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The Labor Department reported that in November the United States added 263,000 jobs, with the unemployment rate holding steady at 3.7%.

263,000 jobs added; unemployment rate at 3.7%

US employers added 263,000 jobs in November as hiring remained strong despite rising interest rates, high inflation and growing recession fears. The jobless rate held steady at 3.7%, the Labor Department said Friday. Economists polled by Bloomberg estimated that 200,000 jobs were added last month. Payroll gains were revised down from 46,000 to 269,000 for …

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Live stock market news updates: Stocks slide after stronger-than-expected jobs report

Live stock market news updates: Stocks slide after stronger-than-expected jobs report

U.S. stocks fell Friday morning after stronger-than-expected jobs data prompted investors to recalibrate their expectations around when the Federal Reserve will pause its rate hike campaign. The Labor Department’s monthly jobs report for November showed payrolls rose 263,000, more than expected, while unemployment held steady at 3.7%. Bloomberg expected an impression of 200,000 for the …

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Jim Cramer's 10 most important things to watch in the Friday market: Hot jobs, chip issues, FedEx looks OK

Jim Cramer’s 10 most important things to watch in the Friday market: Hot jobs, chip issues, FedEx looks OK

My Top 10 Things to Watch Friday, December 2, 2022 1. US stock futures point to a weaker open as bond yields rise on stronger-than-expected job growth and wage inflation in November. Non-farm payrolls increased by 263,000. The country’s unemployment rate remains, as expected, at 3.7%. Average hourly earnings up 0.6% month-over-month and 5.1% year-over-year, …

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The United States added 263,000 jobs in November, a solid performance amid a tech slowdown

The United States added 263,000 jobs in November, a solid performance amid a tech slowdown

Comment this story Comment The U.S. labor market grew again in November, with employers adding 263,000 jobs, a surprisingly robust pace amid a slowdown in the tech industry. The jobless rate, meanwhile, was unchanged from 3.7% a month earlier, according to the Bureau of Labor Statistics. The still strong labor market continues to be one …

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Why the jobs report still matters to investors: Morning Brief

Why the jobs report still matters to investors: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief delivered straight to your inbox Monday through Friday by 6:30 a.m. ET. Subscribe Friday, December 2, 2022 Today’s newsletter is from Myles Abroad, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and other market news …

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