Jobless claims increase 178,000 in March Unemployment rate drops to 4.3% from 4.4% amid drop in participation rate The average work week shortens to 34.2 hours from 34.3 hours WASHINGTON, April 3 (Reuters) – U.S. job growth picked up sharply in March as a health care workers’ strike ended and temperatures rose, but labor market … Read more
Much of Alabama’s local economy is thriving. Data recently released by the Bureau of Economic Analysis revealed GDP at the county level. In Alabama, things were increasing almost everywhere in 2024 – the last year covered in the release. Some 97% – 65 of the state’s 67 counties – saw an increase in their domestic … Read more
But under the headline image there is a more complex reality: strong growth, high profits, however much of the speed is uneven, concentrated, and partly destroyed by currency fluctuations. A new report by McKinsey & Company shows that the banking sector in Africa generated about $99 billion in 2024 and is estimated to reach about … Read more