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Looking for a new job? These are the hottest cities for job growth
Hint: None of them are New York, LA, or San Francisco. Look further south!
U.S. stocks fell on Friday after the release of a strong February jobs report
• The U.S. economy added 275,000 jobs in February, significantly more than expected, by 67,000 jobs in healthcare. However, the unemployment rate for February increased to 3.9%, its highest level since January 2022, but still well below its historical average. Jobs gains from January and December were revised down.
• Another strong jobs report will likely factor into the Federal Reserveās next policy meeting later this month, as investors have already adjusted their expectations for the first interest rate cuts this year.
• Semiconductor stocks have led the market's rally in recent weeks, but momentum shifted on Friday with several chipmakersā shares dropping.
What to be on the lookout for today
• Consumer inflation expectations for February.
• In earnings, Oracle will report.
Get the job you want and deserve
Women make up nearly half of Americaās workforce. In some categories, they even dominate the statistics.
But even so, thereās plenty to be frustrated about. Women still on average earn less than men, for one. And the racial wealth gap created by historical inequalities and injustices make it even harder for women of color. Though the numbers shift when adjusting for educational attainment and industry, the motherhood penalty ā referring to reduced opportunities and decreased pay after starting a family ā is very real for many workers.
This is why being in the driverās seat of your career is so key ā for everyone, but for women especially.
Join Career Coach Chris Lovell this week as she walks us through three types of career changes: raises, promotions, and new jobs that can help you advance in your career.
Canāt make it this week? Donāt worry, register anyway to receive all the resources and a recording of the event.
Today's top stories
Itās inflation data week! The biggest thing on the calendar in the week ahead is the February consumer price index, which could give us an idea of what the Federal Reserve might do or say at its policy-setting meeting later this month. Read more >> Unspent pandemic aid has found a new use Billions of dollars not spent for pandemic-era relief can be rerouted to address Americaās housing affordability crisis thanks to a decision by the Treasury Department. Read more >> How quickly can you refinance student loans? Refinancing your loans can help you obtain a better interest rate or lower monthly payments. Hereās what you need to know about how fast you can refinance your student debt. Read more >>Not-so-breaking news
- Costco has started selling packs of 25 one-ounce silver coins for $625 in addition to the gold bars it already sells.
- United Airlines is pausing hiring new pilots due to Boeingās delivery delays.
- BP clawed back a further $2.3 million from its former CEO following his termination in December.
- Discount grocer ALDI is planning to open 800 new locations across the U.S. as part of a $9 billion expansion plan.
- After a cyberattack in February, UnitedHealth said its Change Healthcare system will be fully restored by mid-March.
Financial planner tip of the day
āIf the cost of college tuition is one of the determining factors in your decision process, it could be worth looking into tuition payment plans. These plans are offered by some colleges and could help make tuition payments more manageable for students and parents.ā
Brian Walsh, CFPĀ® at SoFi