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Donald Trump focused on an issue that Republicans are hoping will win them support – inflation and the nation's economy – as Kamala Harris has gained some ground.
In September, the Fed slashed its benchmark rate, which affects many consumer and business loans, by a sizable half-point. It followed that move with a quarter-point rate cut in November. Those cuts lowered the central bank’s key rate to 4.6%, down from a four-decade high of 5.3%.
The minimum wage in North Carolina is $7.25 – an amount that has remained unchanged for more than decade. ... As inflation continues to affect a U.S. economy recovering from the COVID-19 ...
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CNBC's list of "Top States for Business for 2010" has recognized North Carolina as the fourth-best state in the nation, behind Texas, Virginia and Colorado. [8] North Carolina is an at-will employment state, meaning employees in the private sector may be dismissed without prior notice or reason. In October 2019, the unemployment rate was 4%. [9]
However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
The Bureau of Labor was established within the Department of the Interior on June 27, 1884, to collect information about employment and labor. Its creation under the Bureau of Labor Act (23 Stat. 60) stemmed from the findings of U.S. Senator Henry W. Blair's "Labor and Capital Hearings", which examined labor issues and working conditions in the U.S. [6] Statistician Carroll D. Wright became ...
President Joe Biden on Thursday defended his handling of the U.S. economy amid a 40-year-high spike in inflation that he blamed in part on Russia's invasion of Ukraine. Speaking at North Carolina ...