News
Takeaways from Fed Chair Jerome Powell's tenure as he steps down
11+ hour, 16+ min ago (1342+ words) (NEW YORK) " A global pandemic that put millions of Americans out of work within days. The highest inflation in four decades. An unprecedented federal criminal investigation. Fed Chair Jerome Powell faced a succession of crises over his 8-year tenure atop…...
Inflation jumps to its highest level in three years
2+ day, 11+ hour ago (654+ words) (NEW YORK) " Inflation rose for a second consecutive month as the U. S. -Israeli war with Iran continued to send gasoline prices surging in April, government data on Tuesday showed. The inflation report matched economists" expectations. Prices rose 3. 8% in April compared to…...
Unemployment in Marion County Drops Slightly in March
4+ day, 5+ hour ago (230+ words) southernillinoisnow. com Unemployment in Marion County Drops Slightly in March Unemployment in Marion County declined one-tenth of a person between February and March. The March rate is 5. 4-percent, which is seven tenths of a percent higher than a year ago....
Jobs report showed hiring slowed, but exceeded expectations
1+ week, 11+ hour ago (633+ words) (NEW YORK) " Hiring slowed in April as a rise in fuel prices hammered shoppers weeks into the war with Iran, U. S. government data on Friday showed. The U. S. added 115, 000 jobs in April, according to the report, which marked a cooldown from 178, 000 jobs…...
Study Shows Kaskaskia College Has Big Economic Impact on District | South Central Illinois' News, Sports and Weather Station
1+ week, 4+ day ago (15+ words) An economic development impact study completed for the Illinois Community College system shows Kaskaskia Colle. .....
Unemployment Rises Slightly In Marion County in February
3+ week, 6+ hour ago (276+ words) southernillinoisnow. com Unemployment Rises Slightly In Marion County in February The Illinois Department of Employment Security reported unemployment in Marion County in February was 5. 5 percent, up a tenth of a percent from January and a full percentage higher than in…...
Unemployment Remains Stable in Marion County at 5. 4-percent
1+ mon, 5+ day ago (180+ words) Unemployment remained at 5. 4-percent in Marion County in January." The rate is three-tenths of a percent higher than in January a year ago. There were 853 on unemployment in January, down three from December." The county's workforce grew 81 people from the…...
Jobs report shows strong hiring in March, despite oil shock set off by Iran war
1+ mon, 1+ week ago (607+ words) (NEW YORK) " The U. S. recorded strong job gains in March, rebounding from dismal losses a month earlier, even as the nation weathered a global oil shock set off by the U. S. -Israeli war on Iran, a jobs report on Friday showed. The…...
Payroll Jobs Increase, Unemployment Rate Ticks Up in January
1+ mon, 1+ week ago (442+ words) southernillinoisnow. com Payroll Jobs Increase, Unemployment Rate Ticks Up in January The Illinois Department of Employment Security (IDES) announced today that the unemployment rate was 4. 9 percent in January, up +0. 2 percentage point from December, and up +0. 2 percentage point from the same…...
Mortgage rates hit highest level since September as Iran war rattles financial markets
1+ mon, 1+ week ago (323+ words) (NEW YORK) " Mortgage rates have climbed to their highest level since September as fallout from the Iran war ripples through financial markets, Freddie Mac data on Thursday showed. The average interest rate for a 30-year fixed-rate mortgage jumped to 6. 46%, continuing…...