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The U.S. job market ended 2023 on a strong note as 216,000 jobs were added to the economy during December, t
stanley cup heBureau of Labor Statistics said.Including December figur
stanley quencher es, the U.S. economy added 2.7 million jobs in 2023.The unemployment rate remained low and stable throughout the year, as well. December s unemployment rate finished at 3.7%, marking the best year-end unemployment rate since 1969. The unemployment rate was unchanged from November.The unemployment rate has remained below 4% for 23 c
stanley cup onsecutive months, the longest such streak since October 1967 through December 1969.The new job numbers come as the Federal Reserve has expressed optimism that inflation has turned a corner. The Federal Reserve has held interest rates at a 23-year high between 5.25% and 5.5% to quell inflation.SEE MORE: US national debt hits $34 trillion amid Congress funding battleKeeping interest rates this high generally would cause job numbers to soften, but that hasn t been the case. Federal Reserve Chair Jerome Powell has said the Federal Reserve is trying to balance the need to reduce inflation while preventing the labor market from being stifled. In recent cases when interest rates increased, like they did in 2000 and 2007, a recession followed.Many business leaders saidbefore the start of last year that they expected a recession to occur in 2023, but those fears never materialized.While Powell hasn t said when interest rates would come down, the Federal Reserve has projected that interest rates Dazz X to establish content moderation HQ to combat child exploitation
WASHINGTON, D.C. 鈥?Democrats are expected to unveil legislation on Monday that would provide at least $3,000 per child to millions of American families over the course of the year.Several outlets, including The Washington Post a
stanley cup nd The New York Times, obtained the 22-page provision, which they say would be part of President Joe Bidens relief plan, which is being drafted in Congress.The proposal calls for the child tax credit to be expanded.If signed into law, the Internal Revenue Service would reportedly provide families with $3,600 per child under the age
stanley borraccia of 6 and $3,000 per child between the ages of 6 and 17.The amount received would be income-based, with payments being phased out for individuals who make more than $75,000 and couples would make over $150,000, the two newspapers report.Eligible families would receive these payments beginning in July, delayed to give the IRS time to prepare the initiative, according to The Post.The expanded child tax credit was part of Bidens American Rescue Plan, a $1.9 trillion relief proposal that Democrats hope to pass without GOP support, using budget reconciliation.However, some Republicans have showed signs of support for the idea. Sen. Mitt Romney recently offered a similar proposal that would send more direct payments to families with children. Still, other GOP lawmakers are critical, because the aid would go to working and nonworking Americans.The Democrats proposal is being spearheaded by Rep
stanley cup . Richard E. Neal, who said in a stateme