Page 78 - Mark Hamrick News Today

Of those who said money has affected their mental health, most cited feeling stressed, anxious and overwhelmed.

Of those who said money has affected their mental health, most cited feeling stressed, anxious and overwhelmed.

“When individuals suffer money challenges … there’s tremendous potential for stress,” said Mark Hamrick, Bankrate’s senior economic analyst.

Kiersten Post isn’t afraid to talk about money. She chats with friends about buying a house and budgeting for vacations. She shares her personal finance goals with family members.

The economy beat expectations and added 428,000 jobs last month, a sign that the labor market is gaining strength despite high inflation and a contraction in GDP in the first quarter.

U.S. job growth likely continued at a brisk clip in April, suggesting the labor market is still strong despite headwinds from the highest inflation in four decades, global supply chain constraints and a worsening labor shortage.

The pace of job growth among America's private employers slowed sharply in April while small business hiring dipped into negative territory, according to payroll processor ADP, with the numbers painting a picture of a labor market recovery losing steam.

A record number of American workers quit their jobs as of the last business day in March while the number of job openings rose to an all-time high, pointing to a tight labor market as businesses struggled to hire enough workers.

GDP contracted at a 1.4% annualized rate in the first quarter, the Bureau of Economic Analysis reported Thursday morning, meaning that slowing commerce added to the woes of high inflation.

A new generation is confronting how to pay women and BIPOC colleagues more equitably.