Current:Home > InvestThe Daily Money: A weaker job market?-Angel Dreamer Wealth Society D1 Reviews & Insights
The Daily Money: A weaker job market?
View Date:2024-12-23 19:00:24
Good morning! It’s Daniel de Visé with your Daily Money.
Last year, the labor market seemed to shrug off historically high interest rates and inflation, gaining well over 200,000 jobs a month.
Well, it turns out the nation’s jobs engine wasn’t so invincible as it appeared.
The U.S. Bureau of Labor Statistics on Wednesday revised down its estimate of total employment in March 2024 by a whopping 818,000, the largest such downgrade in 15 years. That effectively means there were 818,000 fewer job gains than first believed from April 2023 through March 2024, Paul Davidson reports.
What does that mean for interest rates and the economy?
Do you really need student health insurance?
If you have a child heading off to college this month, you may faintly recall an email from the school about student health insurance.
Most elite private colleges, and many public institutions, automatically enroll students in Student Health Insurance Plans. The coverage cost $2,924 a year at public colleges, $3,874 a year at private ones, on average, according to an industry survey of prominent schools in the 2023-24 academic year.
And here’s the thing: Many students don’t need it.
📰 More stories you shouldn't miss 📰
- An off-brand Ozempic?
- Should travelers worry about mpox?
- Are streaming bundles really worth it?
- How to declutter your home
- Healthcare costs in retirement
🍔 Today's Menu 🍔
Move over Netflix: Chick-fil-A is allegedly coming for your brand. And the internet can't stop talking about it.
The chain is reportedly "moving aggressively" into the entertainment space, working to launch a slate of originals to run on its very own streaming platform, Amaris Encinas reports.
Chick-fil-A is currently in talks with major production companies "to create family-friendly shows, particularly in the unscripted space," according to Deadline. They also are planning to license and acquire content in the near future, Deadline reported.
Here's how the social media world has reacted.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (79)
Related
- How to Build Your Target Fall Capsule Wardrobe: Budget-Friendly Must-Haves for Effortless Style
- Kris Jenner Packs on the PDA With Corey Gamble During Magical Summer Vacation
- Frigidaire gas stoves recalled because cooktop knobs may cause risk of gas leak, fires
- Adam Driver slams major studios amid strike at Venice Film Festival 'Ferrari' premiere
- Princess Kate to host annual Christmas carol service following cancer treatment
- You Can Bet on These Shirtless Photos of Zac Efron Heating Up Your Timeline
- Anderson Cooper talks with Kelly Ripa about 'truly mortifying' Madonna concert experience
- 'Channel your anger': Shooting survivors offer advice after Jacksonville attack
- South Carolina lab recaptures 5 more escaped monkeys but 13 are still loose
- Making your schedule for college football's Week 1? Here are the six best games to watch
Ranking
- Blake Snell free agent rumors: Best fits for two-time Cy Young winner
- New Mexico reports man in Valencia County is first West Nile virus fatality of the year
- Spectrum Cable can't show these college football games amid ESPN dispute
- Russia attacks a Ukrainian port before key grain deal talks between Putin and Turkey’s president
- 'We suffered great damage': Fierce California wildfire burns homes, businesses
- Police release body camera video showing officer fatally shooting pregnant woman
- Midwestern 'paradise for outdoor enthusiasts': See Indiana's most unique estate for sale
- Noah Eagle eager to follow successful broadcasting path laid by father, Ian
Recommendation
-
Rep. Michael McCaul of Texas says he was detained in airport over being ‘disoriented’
-
Q&A: From Coal to Prisons in Eastern Kentucky, and the Struggle for a ‘Just Transition’
-
Traffickers plead guilty to smuggling over $10,000 in endangered sea cucumbers
-
David and Victoria Beckham Honor Son Romeo's Generous Soul in 21st Birthday Tributes
-
Don't Miss This Sweet Moment Between Taylor Swift and Travis Kelce's Dads at the Kansas City Chiefs Game
-
Mohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94
-
Pope joins shamans, monks and evangelicals to highlight Mongolia’s faith diversity, harmony
-
Inside Keanu Reeves' Private World: Love, Motorcycles and Epic Movie Stardom After Tragedy