Economy News

May’s Hiring Rise: Employment Surges by 272K, Wage Growth Hits 4.1%

Article Summary – In May, employment saw gains in several industries, including health care, government, leisure and hospitality, as well as professional, scientific, and technical services. Wage growth also continued, with average hourly earnings rising by 4.1 percent over the past year. Meanwhile, the unemployment rate stands at 4.0 percent.

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Linda Butler: Utilize all climate funds

Article Summary – The Inflation Reduction Act (IRA), passed in 2022, is the largest climate bill in U.S history and has led to significant investments in clean renewable energy. The IRA offers subsidies, tax rebates, and incentives that have led to the announcement of projects involving over 170,000 new clean

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