In November, 228,000 jobs were added according to economy according to the Bureau of Labor Statistics. FiveThirtyEight Visual Journalist Julia Wolfe breaks down the meaning of this report.
Wolfe says these numbers are more of an estimate, and will be revised over the coming months. Wolfe says the Bureau of Labor Statistics says the first report could range by 120,000. So a number that first seems impressive could change drastically over the coming months as more data surfaces.
Looking at the last five years, it's clear we are seeing growth in the economy, says Wolfe. When looking at future jobs reports, Wolfe says it's imperative people look at revised numbers from past months.
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
Online broker Robinhood Markets will join the S&P 500 index Online broker Robinhood Markets will join the S&P 500 index as its stock rides higher on a cryptocurrency wave.
Trump wants interest rates to plummet to make borrowing cheaper and boost growth. Fed chair Jerome Powell and his allies say not so fast, they need to bala