Jobless claims fall for third week in tight U.S. labor market
By
Jeff Kearns
Published
2 Min Read
Jeff Kearns
From
Bloomberg
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Americans' financial literacy has slipped to a 10-year low, with new TIAA Institute data showing weaker scores, wider gaps, and rising reliance on AI tools for money decisions.
Thousands of federal and contract employees have already lost their jobs, but the true impact on these workforces has yet to be seen.
Job cuts mirror early pandemic levels, and more people than ever are working multiple jobs to keep up with economic needs.
U.S. private-sector hiring and wage growth slowed in December, with employers adding just 122,000 jobs.
The drop represents a positive change following a spike in unemployment over the summer.