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The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December. The unemployment rate dipped to 4.1% from 4.2%, wrapping up a year that marked a ...
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019. In 2024, job growth continued to cool off ...
Stocks ended 2024 near record highs. Over the past 12 months, the Nasdaq Composite has rallied 30% and the S&P 500 has climbed over 24%.Meanwhile, the blue-chip Dow Jones has risen a more modest 13%.
In October 2020, Journalist Glenn Kessler of The Washington Post summarized the total job creation by president from Harry S. Truman through Donald Trump as of August 2020. For the 13 presidents beginning with Truman, total job creation was about 70.5 million for the 7 Democratic presidents and 29.1 million for the 6 Republican presidents.
However, job growth was still historically strong. When spread through the prior year, the average monthly job gain from April 2023 through March 2024 was 173,500 versus nearly 242,000, an ...
The 10-year projections cover economic growth, employment by industry and occupation, and labor force. They are widely used in career guidance, in planning education and training programs, and in studying long-range employment trends.
For example, for President Obama, the computation takes the 145.815 million jobs of February 2017 and subtracts the 133.312 million jobs of February 2009 to arrive at the 12.503 million figure. Four of the top five presidents in terms of total jobs added were Democrats.
JP Morgan is on the same page – it predicts that job growth is expected to soften in 2024. ... According to Goldman Sachs, the current pace of job growth is around 175,000 per month, but they ...