What September's Jobs Report Means for Your Money

A Weak Jobs Report Could Change Your GIC Decision: Here’s What I’d Do

A weak jobs report could change GIC rates, but the date you need the money matters far more.

September’s weak jobs report shows widening strain on Black workers

Black workers were hurt the most by the weak September job market: The Black unemployment rate jumped from 6% to 7%, the highest among the major racial groups tracked by the Bureau of Labor Statistics. The U.S. added only 29,000 jobs last month — a major number below the 84,000 economists had expected — and the overall unemployment rate edged up to 4.2%. In September, white unemployment slipped to 3.6%, Asian unemployment fell to 2.9%, and Latin…

What September's jobs report means for your money

CHARLOTTE, N.C. — The U.S. economy added just 29,000 jobs in September, a sign hiring is slowing as many Americans continue to feel pressure from higher everyday costs. Ken Johnson, chief investment officer of InvestorBloc, joined WCCB Rising to explain what the latest jobs report could mean for workers, wages, savings and long-term financial plans. Johnson said people should avoid making emotional financial decisions based on negative economic …

Bitcoin Spiked to $87,000 on the Jobs Report and Gave It All Back in 48 Hours and This Is the Third Time

On October 1, non-farm payrolls came in at 29,000. Economists expected between 84,000 and 90,000. Unemployment hit 4.2%. Bond yields dropped. Bitcoin spiked from $83,000 to $87,000 in hours. Then it reversed. Bitcoin is at $82,937 today. This is the third time this has happened since August. The Pattern August 19. The Treasury announced it [...]