The US unemployment rate added 178,000 jobs in March, which appears to be strong on the surface. However, average monthly earnings over the past two months were only 22,500, and earnings growth has fallen to the lowest level since the crisis reopened. The decrease in the unemployment rate is due to about 400,000 Americans leaving … Read more
The March jobs report is expected to show the US labor market remained steady last month, but experts say the Iran war has already changed the economic landscape in the weeks since the data informing Friday’s report was collected. Subscribe to read this story without ads Get ad-free articles and exclusive content. The surveys carried … Read more
HONOLULU (HawaiiNewsNow) – Hawaii’s electricity customers should brace for possible increases in energy costs in the coming months, driven by rising global oil prices linked to rising political tensions, including the ongoing conflict involving Iran. As an island nation that relies heavily on imported fuel for power generation and transportation, Hawaii is very sensitive to … Read more