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Ohio's Workforce Issue | News, Sports, Jobs - The Intelligencer

It may seem like a good problem to have, but Ohio’s historically low unemployment figures are creating a challenge for employers. The Buckeye State’s unemployment rate has been below 4% for 14 straight months. “The Ohio unemployment rate ticked higher to 3.7%, but this remains a much lower rate than usual for the state,” Ben […]
United States Ben Ayers Buckeye State

Hiring in corporate America is slowing down and economists don't agree on what it means for 2024

Hiring in corporate America has cooled. On an individual level that might sound like cause for alarm, but it’s also in line with the Federal Reserve’s battle against inflation. According to the latest Job Openings and Labor Turnover Summary data from the Bureau of Labor Statistics, 2023 closed with nine million job openings on the…
United States Ben Ayers Mark Hamrick Andrew Hollenhorst Veronica Clark Federal Reserve
Source: yahoo.com

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US job openings unexpectedly rise; quits at two-year low

U.S. job openings unexpectedly increased in December and data for the prior month was revised higher, suggesting that the labor market likely remains too strong for the Federal Reserve to start cutting interest rates in the first quarter. Nevertheless, the labor market is gradually cooling, with the report from the Labor Department on Tuesday also showing Americans staying put at their current jobs, which could help to slow wage growth. Fed officials are expected to keep rates unchanged at th...
United States Chizu Nomiyama Lucia Mutikani Ben Ayers Paul Simao Labor Department On
Source: yahoo.com

US existing home sales fall to lowest level since 1995

US existing home sales fell in the final month of 2023, ending a tough year for real estate as full-year sales hit the lowest level since 1995, said industry data released Friday.While home prices tend to be higher in the summer months, "this is the highest December median home price ever," Yun said on Friday.
Freddie Mac Lawrence Yun Ben Ayers National Association Of Realtors Federal Reserve National Association
Source: yahoo.com

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