The headline seasonally adjusted BLS job growth was small but at expectations, with the unemployment rate improving from 6.7 % to 6.3 %.
Analyst Opinion of the BLS Employment Situation
Employment recovery from the coronavirus has now stalled. The small growth this month was mainly from the government sector.
This month the BLS benchmarked their data and revised their 2020 employment.
The economically intuitive sectors were mixed for economic growth.
The rate of further recovery will be dependant on the coronavirus effects.
The year-over-year rate of growth for employment declined by 0.09 % this month (red line on the graph below). The year-over-year growth rate is 6.1 % below the rate of growth one year ago.
Business restrictions in Mass. easing due to positive COVID-19 trends
By Katie Lannan
BOSTON Shops, restaurants, gyms and other businesses will be able to welcome more patrons starting Monday, after Gov. Charlie Baker on Thursday announced he ll ease the capacity restrictions he imposed in hopes of tamping down COVID-19 spread during the holiday season.
Restaurants, close-contact personal services, movie theaters, casinos, office spaces, places of worship, retailers, driving and flight schools, libraries, arcades, fitness centers and museums have all been operating at a maximum capacity of 25% since Dec. 26.
Citing positive trends in COVID-19 data since the start of 2021, Baker said those limits will increase to 40% at 5 a.m. Monday. For businesses without a recorded capacity allowance, the limit will rise from five people per 1,000 feet to eight people per 1,000 feet.
What you should know about Gov. Tom Wolf s proposed state income tax hike
WPVI
Share:
Share:
HARRISBURG, Pennsylvania (WPVI) Pennsylvania Governor Tom Wolf presented his budget proposal for fiscal 2021-22 on Wednesday, a $37.8 billion spending plan.
But what is attracting most of the attention is Wolf s request for a major hike in the state income tax in efforts to produce an additional $4 billion in revenue.
Much of the money would be earmarked for a massive spending increase for public education, including an effort to make the funding formula more equitable throughout the state.
The proposal faces immediate opposition from Republicans in the GOP-controlled Legislature in its current form. Wolf s plan will affect most people, but how it will impact your household will depend on how many people live in the home and your income.
House passes bill offering sick leave for essential workers sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
The latest survey by the U.S. Chamber of Commerce shows that most of the nation’s 31 million small-business owners, 62%, believe the worst is yet to come. About three-fourths of small-business owners say they will need more help from the government to survive this year.
The past year has been the worst for small businesses in three decades, said Maggie Horne, director of the Small Business Development Center at Gannon University in Erie, Pennsylvania. She said the problems include inconsistent lockdown rules from state to state and the slowness of some business owners to move parts of their operations online.