In 2024, employers ended the year on a high note with a significant increase in hiring, adding 256,000 jobs in December, leading to a healthy unemployment rate of 4.1 percent. The strong employment growth signaled renewed vigor after a period of reserve, with average hourly earnings rising above inflation. Although the robust numbers may deter further interest rate cuts, the economy under President Biden has shown remarkable resilience, with a broad range of industries contributing to the positive trend, despite some challenges ahead for the labor market.
Full Article
75% of Workers Today Plan to Have a Job in Retirement. Here's Why You Should, Too.
A significant motivation for retirement is to cease working, especially for those who have endured stressful jobs over the years. However, a recent survey by the Employee Benefit Research Institute reveals that 75% of workers are considering continuing to work during retirement, suggesting it may offer various benefits. Embracing a job in retirement could enhance financial stability and personal fulfillment, making it a worthwhile option for many retirees. Full Article
Read more