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Here’s where the jobs are for November 2022 — in one chart

The U.S. job market beat expectations again in November, adding 263,000 payrolls led by the service sector. Leisure and hospitality was the top category for job gains, according to a report from the U.S. Bureau of Labor Statistics, adding 88,000 jobs. Roughly 62,000 of those jobs were in food and …

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People with perfect credit scores have 3 things in common

While achieving a perfect 850 credit score is rare, it’s not impossible. About 1.3% of consumers have one, according to Experian’s latest data. FICO scores can range anywhere from 300 to 850. The average score was 714, as of 2021. The few people who do manage to achieve perfect credit …

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Tech layoffs may not be a bad omen for U.S. economy at large

10’000 Hours | Digitalvision | Getty Images A recent wave of layoffs in the tech sector may lead American workers to wonder whether their job is next on the chopping block. So far, evidence is scant that the thousands of cuts at major technology firms — Meta, Amazon and Twitter, …

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Why more workers need access to retirement savings

Secretary of Labor Marty Walsh speaks during a news conference at the White House in Washington, April 2, 2021. Erin Scott | Reuters Most American workers dream of a comfortable retirement. Yet many find their money falls short of meeting that goal when they reach their golden years. Much of …

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DEI programing stalled in 2022—how that could alienate young workers

As forecasts of a potential recession persist, many companies are starting to reorganize and find ways to cut costs, leaving progress toward diversity, equity, and inclusion on the back burner. According to new research from Glassdoor, in September 2017, 27% of companies reviewed on the site indicated corporate investment into …

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Student debt relief goes to the Supreme Court—when payments may resume

The Supreme Court on Thursday declined to greenlight President Joe Biden’s sweeping student debt forgiveness plan. Instead, the court said it will hear full oral arguments from both sides of the issue in February on an expedited basis. It will then issue a final ruling, per its official procedures, likely …

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35% of millionaires say they won’t have enough to retire, report finds

A cool $1 million is not what it used to be. There are more millionaires in the U.S. and globally than ever before, with nearly 24.5 million millionaires nationwide as of 2022, according to the latest Global Wealth Report from the Credit Suisse Research Institute. Even so, having seven figures …

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How much prices of holiday items increased since 2021

As the holiday season gets into full swing, expect some sticker shock. The cost of most holiday staples, such as turkey and booze, has increased dramatically in the last year. With year-over-year inflation up 7.7% overall, most items bought over the holidays have increased in price. But many of them …

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Why Silicon Valley is so hot on nuclear energy

The Vogtle nuclear power plant is located in Burke County, near Waynesboro, Georgia in USA. Each of the two existing units have a Westinghouse pressurized water reactor (PWR), with a General Electric turbine and electric generator, producing approximately 2,400 MW of electricity. Two Westinghouse made AP 1000 reactors are under …

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Powell’s inflation remarks a ‘green light’ to stay in stocks

CNBC’s Jim Cramer on Thursday said Federal Reserve Chair Jerome Powell’s inflation remarks the day before confirmed that inventors shouldn’t exit the market over recession fears. “Unless the super hawkish Fed heads who want to raise short rates to 5% to 7% are silenced, we must be ready with a …

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