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Here’s where the jobs are for December 2023 — in one chart

Getty Images The U.S. labor market beat expectations again in December, adding 216,000 jobs to close out the year while the unemployment rate held steady at 3.7%. Yet the job gains were slower than the same period a year ago, with the three-month average gain dropping to 165,000 a month compared to an average of 284,000 in December 2022, according to Nick Bunker, director of economic research for North America at Indeed Hiring Lab. "After entering 2023 with a sonic boom, the US job market is headed into 2024 at a comfortable cruising speed," Bunker said. "The pace of job creation is strong but not overwhelming, unemployment is low…

A180 bridges into Grimsby closed overnight for high tech surveys ahead of work

Grimsby residents are being reminded of vital structural repairs planned for the main road into Grimsby and Cleethorpes. The project, along the A180, is being supported by £8million of funding from the Department of Transport. This was secured by North East Lincolnshire Council due to the importance of the road for the borough. Contractors, VSL have been awarded the first contract for doing the works on two of the bridges. The third structure is subject to a separate contract which will be tendered shortly, informed by the survey works that were undertaken in November. Next week, another set of high-tech surveys on the bridges need…

Town of Griffith considered purchasing airport before deal with Gary

It may bear its name, but the opportunity for the town of Griffith to own and operate the Griffith-Merrillville Airport has come and gone now that Gary/Chicago International Airport (GCIA) has acquired the facility in a $1.8 million deal announced on Dec. 13. Following the Griffith Town Council meeting on Dec. 29, council members took questions about why they previously passed on the airport — and wished Gary well on having purchased the property and assets. Advertisement The Griffith Town Council initially considered the idea in February 2018 and conducted a financial study to that effect. After about nine months of study and…

Stock market floats -- Good for brokers, disastrous for investors

Business A staggering £9.2Bn has been lost by investors over the last five years, simply by believing the marketing nonsense of IPOs. The UK IPO market is in the doldrums, reaching a 11-year low. SCM Direct conducted a comprehensive analysis of the pitfalls of investing in Initial Public Offerings (IPOs) on the London Stock Exchange (LSE) over the last five years. Despite the marketing hype and so-called expert valuations of these issues to the public and institutions, they rarely live up to their outlandish promises. Our analysis of 216 IPOs listed on the LSE over the last five years (some of which have become bankrupt or…

NatWest chief ‘did not intend to underplay serious challenges in buying a home’

News | Politics A bank chief backtracked after sparking disbelief from many young Londoners on Friday by saying it is not “that difficult” to get on the housing ladder. Sir Howard Davies , chairman of the major retail bank, said prospective buyers have to save, and that “is the way it always used to be”. Average house prices in London were £667,019 in December, according to Rightmove. Asked by BBC Radio 4’s Today programme when it will be easier for people in the UK to get on the property ladder, Sir Howard said on Friday: “I don’t think it is that difficult at the moment.” Pressed about this claim, he added: “You have to save and…