labor market – One America News Network

WASHINGTON, DC - OCTOBER 29: Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on October 29, 2025 in Washington, DC. For the second straight month, Powell announced a quarter-point cut to the federal funds rate, bringing rates down to a new range of 3.75 percent to 4 percent. (Photo by Alex Wong/Getty Images)

Fed cuts interest rates to lowest level in 3 years

The Federal Reserve cut its benchmark interest rate to its lowest level in three years, lowering the federal funds rate target range by 0.25 percentage point to 3.75%–4.00%.

RANCHO CUCAMONGA, CALIFORNIA - SEPTEMBER 17: An aerial view of residential homes on September 17, 2025 in Rancho Cucamonga, California. The 30-year fixed mortgage average rate dropped to 6.13 percent yesterday, the lowest mark since 2022, ahead of today’s Federal Reserve rate cut announcement. (Photo by Mario Tama/Getty Images)

Mortgage rates drop to lowest levels of 2025

This week, mortgage rates fell to their lowest level of the year.

AUSTIN, TEXAS - JUNE 25: A hiring sign is displayed in a Taco Bell window on June 25, 2025 in Austin, Texas. The Texas labor market has set a new record high job count for its sixth consecutive month in a row by adding 28,100 positions over the month of May to reach a total of 14,340,800 non-farm jobs according to the Texas Workforce Commission. (Photo by Brandon Bell/Getty Images)

Dept. of Labor: U.S. unemployment claims drop, remaining in ‘healthy’ range

The number of Americans applying for unemployment benefits declined last week, remaining within the historically low levels seen since the COVID-19 pandemic, economists say.

SUNRISE, FLORIDA - APRIL 30: A 'Now Hiring' sign sits next to the Jiffy Lube booth during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2025 in Sunrise, Florida. Over 150 local hiring managers & recruiters were at the job fair to recruit workers for 1000s of positions in Miami, Broward, and Palm Beach County. (Photo by Joe Raedle/Getty Images)

April Job Gains Reach 177K, Showing Resilience Amid Tariff Concerns

A new April jobs report has revealed that the U.S. economy added 177,000 jobs last month, which exceeded analysts expectations due to tariff concerns.