Page 3 - Bernard Markstein News Today

The U.S. economy is seen as losing 252,000 jobs by this time next year, while unemployment is expected to hit 4.6 percent.

More than half of experts polled for Bankrate’s First-Quarter Economic Indicator poll say the Fed’s key benchmark interest rate will peak in a target range of 5-5.25%.

The financial system has a 64 percent chance of contracting by the end of 2023, according to experts’ average forecast.

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

The unemployment rate in the United States is set to worsen further as businesses are predicted to add fewer workers in the course of this year based on a quarterly Economic Indicator poll by Bankrate.

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

WASHINGTON, Nov. 3—The not seasonally adjusted national construction unemployment rate dropped 1.1% in September 2022 from a year ago, down from 4.5% to

The not seasonally adjusted national construction unemployment rate plunged 3.8% in June 2022 from June 2021, down from 7.5% to 3.7%.

The improvement occurred as states began lifting some or all of their COVID-19 restrictions.

Survey: Top economists see slowing economic recovery from coronavirus pandemic in 2021 The U.S. economy in 2021 will continue to recover from this year’s steep coronavirus-induced downturn, but at a much slower pace than earlier in the spring, according to Bankrate’s Fourth-Quarter Economic Indicator survey. The nation’s top economists are expecting joblessness a year from now to sink by less than one percentage point — to about 6 percent, compared with its current level of 6.7 percent ...