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The U.S. economy has made a remarkable comeback from the deep dive caused by the pandemic. Consumer spending (fueled by savings and government stimulus money) is strong, the economy recently added the most jobs in nearly a year, and the housing market is booming. According to the Bureau of Labor Statistics, nonfarm employment has grown by 1.5% from January to May, and the unemployment rate is now 5.9%, well below the high of 14.8% seen in April 2020.

The COVID-19 pandemic set off an economic crisis that pushed the U.S. unemployment rate to levels that rivaled the highs of the Great Depression. Fortunately, the recovery has been relatively rapid, and weekly initial unemployment claims in the United States have been below half a million since early May 2021. The last time they were […]

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(The Center Square) – Total nonfarm payroll employment increased by 559,000 in the U.S. in May, short of 650,000 predicted by economists, according to data from the U.S. Department of Labor.

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FRANKLIN, Tenn., June 8, 2021 /PRNewswire/ -- EnableComp has expanded operations in their Tullahoma office after their initial opening in August 2019.  As a result of tremendous growth, the company has increased office space from their initial 3,000 square feet to a total of 12,000 square feet. This expansion cements an ongoing commitment to creating jobs in the community and supporting new client partnerships.

The Biden administration has proposed a $6 trillion budget aimed at improving infrastructure, education, and health care. If passed, it would push federal spending to its highest level since World War II. It could also usher in the reversal of a long term-trend of declining government employment. Over the last decade, the number of Americans […]