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.
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Seacor (SMHI) Q2 Revenue Drops 13%
Seacor Marine (NYSE:SMHI) reported Q2 2025 results on July 30, revealing GAAP revenue of $60.8 million, missing expectations by 12.3%, while its GAAP loss per share of $(0.26) was slightly better than anticipated. The company's operating revenue declined by 13.0% year-over-year due to high repair expenses, although ongoing fleet modernization efforts showed some sequential improvements. Want More Context? 🔎
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