The Commerce Department is set to report third-quarter gross domestic product Thursday. It’s the broadest measure of economic output, and it’ll likely show that the US economy expanded at a staggeringly rapid pace from July through September, despite higher interest rates, depleted pandemic savings and high inflation.
From actors to autoworkers, more than 450,000 workers have participated in 312 strikes in the United States this year, according to Cornell University’s Labor Action Tracker.
During a Friday speech about the September jobs report, President Joe Biden delivered a rapid-fire series of three false or misleading claims – falsely saying that he has cut the debt, falsely crediting a tax policy that didn’t take effect until 2023 for improving the budget situation in 2021 and 2022, and misleadingly saying that he has presided over an “actual surplus.”
The US labor market surged in September, blowing expectations out of the water by adding 336,000 jobs, according to Bureau of Labor Statistics data released Friday.
The US labor market surged in September, blowing expectations out of the water by adding 336,000 jobs, according to Bureau of Labor Statistics data released Friday.