Business
Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%
Jamal Randle, from left, Loren Cowling, and Dave Jackson fill out applications for positions at a new bar and restaurant in Detroit, Sept. 25, 2009. (AP Photo/Paul Sancya)
(Bloomberg) — The U.S. job-creation machine kept exceeding expectations in February. Wages continued to disappoint.
Employers added 295,000 workers to payrolls last month, more than forecast, and the unemployment rate dropped to 5.5 percent, the lowest in almost seven years, figures from the Labor Department showed Friday in Washington. Hourly earnings rose less than forecast.
A lingering appetite to boost headcounts comes as increased purchasing power from cheaper fuel helps drive consumer spending. The jobless rate has now reached the Federal Reserve’s range for what it considers full employment, keeping policy makers on course to raise interest rates as soon as June.
“Labor-market conditions are quite good right now, even though the wage situation is not so hot,” said Nariman Behravesh, chief economist at IHS Inc. in Lexington, Massachusetts. “Our expectation is that as the year progresses, we’ll start to see those wage numbers look a little stronger.”
Activism
Oakland Post: Week of November 13 – 19, 2024
The printed Weekly Edition of the Oakland Post: Week of November 13 – 19, 2024
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Activism
LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST
Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST
Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST
Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?
Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.
STREAMED LIVE!
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YOUTUBE: youtube.com/blackpressusatv
X: twitter.com/blackpressusa
Activism
Oakland Post: Week of November 6 – 12, 2024
The printed Weekly Edition of the Oakland Post: Week of November 6 – 12, 2024
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
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An Inside Look into How San Francisco Analyzes Homeless Encampments
Oakland Post: Week of November 13 – 19, 2024
LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST
Oakland Post: Week of November 6 – 12, 2024
OP-ED: The Illusion of Allyship. White Women, Your Yard Signs Mean Nothing to Me
Supernova Parenting Conference Empowers Over 100 Parents with Resources for Neurodivergence and Mental Health
California Leaders Pay Tribute to Quincy Jones
Book Review: Groundbreaking Magic: A Black Woman’s Journey Through the Happiest Place on Earth
With Immigration Reform on the Table, Advocates Put Human Face on Calif’s Migrant Farmworkers
VP Harris Bids Farewell to Howard University Crowd, Urges Supporters to Keep Fighting for America
Opinion: The Politics We Are Stuck With
California Ports to Receive Over $1 Billion in Federal Funds to Decarbonize
Election Night on The Yard at Howard University
LIVE! — 2024 ELECTION – TAP IN WITH THE BLACK PRESS
DOJ Targets Elder Fraud and Nursing Home Abuse in Sweeping Nationwide Actions
Alameda County District Attorney Pamela Price Announces $7.5 Million Settlement Agreement with Walmart
‘Jim Crow Was and Remains Real in Alameda County (and) It Is What We Are Challenging and Trying to Fix Every Day,’ Says D.A. Pamela Price
OP-ED: Hydrogen’s Promise a Path to Cleaner Air and Jobs for Oakland
In the City Attorney Race, Ryan Richardson Is Better for Oakland
Oakland Post: Week of October 30 – November 5, 2024
Unleashing Power: The GLC43 SUV with 416 HP
Barbara Lee, Other Leaders, Urge Voters to Say ‘No’ to Recalls of D.A. Pamela Price, Mayor Sheng Thao
Why DeLorean Chose Stainless Steel: Innovations & Patents
D.A. Price Charges Coliseum Flea Market Vendors in Organized Retail Theft Case
AMG GLC43: The Perfect Blend of Power and Practicality
2024 Mercedes Benz GLC 43 AMG: Ultimate POV Test Drive
Harris Promises 1 Million Forgivable Loans for Black Businesses
COMMENTARY: DA Price Has Done Nothing Wrong; Oppose Her Recall
Oakland Post: Week of October 9 – 15, 2024
2024 Local Elections: Q&A for Oakland Unified School Candidates, District 3
LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST
AMG GLC43: The Perfect Blend of Power and Practicality
2024 Mercedes Benz GLC 43 AMG: Ultimate POV Test Drive
Unleashing Power: The GLC43 SUV with 416 HP
Why DeLorean Chose Stainless Steel: Innovations & Patents
DeLorean’s Untold Legacy
Why Driving the DeLorean is a Unique Experience
How Will the Outcome of This Election Affect the Auto Industry?
The Ariya Empower+
Trump vs. Biden: EV Showdown
Election’s Auto Industry Impact
The Auto Industry’s Struggle – Recovering from COVID
Unleash the AMG Power!
DeLorean: The Rise, Fall, and Second Acts of the DeLorean Motor Company
2024 AMG GLC43 SUV Review: Unleashing Mercedes-Benz’s Hybrid-Enhanced Power and Design
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