#job-market-cycles

#job-market-cycles

The new rule, which went into effect in November, applies to all 'able-bodied adults' 64 or younger who don't have dependents and don't work, volunteer, or participate in job training at least 80 hours a month, restricting them to three months of benefits every three years from SNAP.

Students at Columbia, despite their political differences, expressed a united anxiety over how to start finding their life's work in a chaotic environment. This resonated deeply with me.

On Wednesday, the government reported that U.S. employers added a surprisingly strong 130,000 jobs in January and the unemployment rate fell to a still-low 4.3% from 4.4%. However, government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands. That reduced the number of jobs created last year to just 181,000, a third of the previously reported 584,000 and the weakest since the pandemic year of 2020.