- December 5, 2022
- Posted by: Stratford Team
- Category: Economy
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Headlines: Monday 5, December 2022
– US added 263,000 jobs in November, surpassing expectations
– Federal Reserve Chair Jerome Powell suggests that elevated interest rates will remain
– Controversial bill passed to prevent railroad workers’ strike
– Biden’s Student Loan Forgiveness program will be ruled on by Supreme Court
– US jobs market growth keeps unemployment at 3.7%
– Experts predicting a significant market adjustment in house prices
– More than 19M California residents continue to receive Middle Class Tax Refunds
- Social Security beneficiaries will soon see an 8.7% COLA boost to their benefits payments
– Some groups will receive two Social Security checks this month
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