“With 517,000 jobs added January 2023 unemployment rate 3.4%

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6 Month Treasury Bill Rate is at 4.76%, compared to 4.74% the previous market day and 0.57%

last year. This is higher than the long term average of 4.48%. (February 10, 2023)

https://www.TreasuryDirect.gov

“With 517,000 new jobs added in January 2023 and the unemployment rate at 3.4%, this is

a blockbuster report demonstrating that the labor market is more like a bullet train,” Becky

Frankiewicz, president and chief commercial officer of ManpowerGroup, said Friday

What state has lowest unemployment rate?

The annual inflation rate for the United States is 6.5% for the 12 months ended December

2022 after rising 7.1% previously, according to U.S. Labor Department data published Jan.2023

Wyoming

Rank State Unemployment rate

1 NORTH DAKOTA 2.8

2 NEBRASKA 3.6

2 UTAH 3.6

4 SOUTH DAKOTA 3.7

Is unemployment high in the US right now?

The unemployment rate was 3.4% in January 2023

The current unemployment rate, which measures the percentage of workers who want a

job but don’t have one, has remained low as the U.S. economy continues to rebound

from COVID-19

What is the job outlook for 2023?

2023 is kicking off with a tight job market, despite recent headlines of layoffs and

hiring freezes. In December, the unemployment rate edged down to 3.5%, the lowest it’s

seen in 50 years, while demand for labor remains high — which means that candidates have

a better selection of opportunities to choose from.

4.50% to 4.75%

The Federal Open Markets Committee (FOMC) sets the federal funds rate—also known as the

federal funds target rate or the fed funds rate—to guide overnight lending among U.S. banks.

It’s set as a range between an upper and lower limit. The federal funds rate is currently

4.50% to 4.75%.

Job Corpshttps://www.jobcorps.gov

Job Corps is the largest Free residential education and job training program for young adults

ages 16–24. We connect you with the skills and education

What is the purpose of Job Corps?

Job Corps is a no-cost education and vocational training program administered by the U.S.

Department of Labor that helps young people ages 16-24 improve the quality of their lives

by empowering them to get great jobs and become independent.

Do you make money in Job Corps?

Do I get paid while I am at Job Corps? Throughout your training, you will receive a bi-weekly

basic living allowance. As your training progresses, your living allowance will increase.

After you graduate, Job Corps can help you get started on your journey with a transition

allowance.

Currently, Job Corps offers more than 300 pre-apprenticeship programs in construction, advanced

manufacturing, renewable resources and energy, transportation and automotive and machine repair

industries.Nov 14, 2022

50 States – 50 Governors aggressively growing their state economies and expanding their

economies. In 2023 the employment rate will drop below 3%. The Federal Reserve Federal Fund

Rate is far below 6% which will slow the US Economy.

What is the success rate of Job Corps?

Eighty-eight percent of all Job Corps graduates are placed in jobs, higher education or the

military. Students leave the program with industry-recognized credentials, trained and ready

to contribute in high-demand jobs including health care, manufacturing and construction. The

Job Corps works.

How much credit card debt is there in the US?

$925 billion

(According to the New York Fed, the nation’s households had outstanding credit card balances

of $925 billion as of September 2022, which includes debt on bank credit cards but not retail

credit cards. Jan 10, 2023

What percent of the US population is in credit card debt?

83% of Americans own at least one credit card. There are 1.1 billion credit cards in the

U.S. as of 2022. The average credit card debt of U.S. families is $6,270

Chase is the largest credit card company in the world, with 16.6% of all outstanding

balances.

What percent of Americans are debt free?

Image result

What percentage of America is debt-free? According to that same Experian study, less than 25% of

American households are debt-free. This figure may be small for a variety of reasons, particularly

because of the high number of home mortgages and auto loans many Americans have.

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2 thoughts on ““With 517,000 jobs added January 2023 unemployment rate 3.4%

  1. Advertising your home for cash and turning properties for profit could be a powerful way to earn money when you look at the housing market, nonetheless it requires careful planning and preparation. By using just the right strategies, you are able to boost your likelihood of success and then make a substantial profit. In this article, we shall examine in more detail the steps you will need to decide to try sell your property for cash fast and flip houses for profit.

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    1. What percent of Americans are debt free?
      Image result
      What percentage of America is debt-free? According to that same Experian study, less than 25% of American households are debt-free. This figure may be small for a variety of reasons, particularly because of the high number of home mortgages and auto loans many Americans have.

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