![]() ![]() The typical low-income family (those earning less than $30,296) experienced a much larger increase in relative terms - 70 percent - but that represented a total cash balance of only about $1,000.Īnd households making $30,296 to $44,955 also made significant gains compared with 2019, yet typically had less than about $1,300 in cash on hand. The median balance among higher-income families (defined as those earning more than $68,896) was roughly 40 percent higher in September than two years earlier. Holiday Hiring Scramble: From signing bonuses to higher wages to college tuition, retailers are using perks to attract workers ahead of the holidays.20 fell to 199,000, their lowest point since 1969. Jobless Claims Plunge: Initial unemployment claims for the week ending Nov.Analysis: The number of new jobs was below expectations, but the report shows that the economy is on the right track.J obs Report: The American economy added 210,000 jobs in November, a slowdown from the prior month. ![]() One key factor to keep an eye on is the job market and how it changes as the economic recovery moves forward. ![]() The pandemic continues to impact the U.S. ![]()
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