(The Center Square) – The Texas oil and natural gas industry is showing signs of employment improvement after reporting months of job losses.
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Construction workers are earning more than the typical U.S. worker, but how far those paychecks go varies dramatically depending on where they live and work. A new analysis from Construction Coverage compares construction worker wages with regional cost-of-living differences to identify the U.S. cities and states where construction workers have the greatest purchasing power. Researchers analyzed the latest wage data from the U.S. Bureau of Labor Statistics alongside regional price data from the Bureau of Economic Analysis, ranking more than 350 metropolitan areas and all 50 states by cost-of-living-adjusted pay.
(The Center Square) – The Federal Reserve raised interest rates for the first time in three years Wednesday, a move intended to reduce inflation — but whether the central bank raises them again could hinge largely on President Donald Trump’s policies, according to economists.
The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, taking the federal funds target range to 3.75%-4% and raising the costs of taking on debt for consumers.It’s the first rate hike under recently appointed Fed Chair Kevin Warsh and the first since 2023, and it comes as inflation remains...
(The Center Square) – The Federal Reserve raised interest rates a quarter point Wednesday, its first increase in three years, a unanimous move that came despite President Donald Trump's demands for cuts, with officials signaling more increases could follow this year.
(The Center Square) – Data centers could support nearly 3,000 jobs each year across Northwest Indiana, a new study says.
A report from the Alabama Department of Labor said that jobs and wages grew in July, though the unemployment rate ticked up.
The unemployment rate in Alabama for the month of March continued to hold a 2.7% but wages rose to a "record" high, said a report from the Ala…
The rate of unemployment in Alabama continues to be at 2.7%, said an earlier report from the Alabama Department of Labor (ADOL).
A report from the Alabama Department of Labor (ADOL) showed that unemployment in January was "steady" at 2.7%.