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Sept. 2024 Employment Data: Improvement for Black Workers, Positive Change Elsewhere

September, 2024 Unemployment: Key Findings White unemployment stands at 3.6% , relatively stable compared to earlier months. Black unemployment  at 5.7% , a significant decrease from its peak of 6.4% in March 2024. Asian unemployment remains low at 4.1% , showing little fluctuation. Hispanic or Latino unemployment  at 5.1% , consistent with previous months. Analysis: Total nonfarm payroll employment increased by 254,000 in September, and the unemployment rate fell from 4.2 to 4.1 percent. The higher unemployment rates among Black individuals continue to signify systemic employment challenges. Asian individuals have maintained a lower unemployment rate, while Hispanic or Latino populations also face notable but slightly elevated rates compared to Asians. While the decline in Black unemployment suggests some improvement, it remains significantly higher than other groups. Conclusion: The September, 2024 unemployment data highlights ongoing disparities in employment across racial and et
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A Primer on Social Security and US Government Spending. Leon Ilgner, Friedrich-Alexander-Universität Nürnberg-Erlangen.

The US is currently facing the possibility of a government shutdown if Congress does not pass a funding bill or a stopgap measure before October 1. A short-term spending bill has been proposed to fund federal agencies for about three months, temporarily averting a shutdown. Government shutdowns occur when Congress fails to pass the 12 annual appropriation bills required to fund federal agencies. Under the Antideficiency Act, federal agencies cannot spend or obligate any money without an appropriation from Congress. When this happens, non-essential functions cease until Congress acts, leading to a government shutdown. Government shutdowns can be used as a political tool by parties to push their agendas. For example, a party may refuse to pass a funding bill unless certain policy demands are met. This tactic can create significant leverage, as the threat of a shutdown puts pressure on the opposing party to negotiate and potentially concede to some demands to keep the government running
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A Solution to the Crisis of Gun Violence in the US. Leon Ilgner, Friedrich-Alexander-Universität Nürnberg-Erlangen.

In 2021, the United States experienced 48,830 gun-related deaths, including murders, suicides, accidental deaths, and law enforcement incidents. Over the past decade, more than 167,000 people have died from gun violence , with 324,000 injured. These figures highlight the severe impact of gun violence on American society. As of 2024, there are approximately 82.88 million gun owners in the U.S., with 43% of households owning at least one firearm. The country has over 500 million civilian-owned firearms , reflecting a deep-rooted gun culture. Firearms typically cost between $400 and $800, with a median cost of around $600. Ammunition ranges from $0.08 to $3 per round, totaling between $80 and $3,000 for 1,000 rounds, with a median cost of approximately $1,540. Gun range fees vary from $10 to $50 per hour, totaling between $120 and $600 for 12 visits, with a median cost of around $360. Therefore, the rough median estimate for buying and using a firearm multiple times per year, excluding
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Fed Rate Cuts: A Boost or Challenge for Minority-Owned Businesses?

The recent interest rate cuts by the Federal Reserve could have notable impacts on minority-owned businesses, both positive and challenging. Here’s a breakdown of key points: 1. Lower Borrowing Costs: One of the most immediate effects of a rate cut is the reduction in borrowing costs. For minority businesses, which often face higher barriers to accessing capital, lower interest rates can make loans more affordable, allowing for investment in growth, hiring, and equipment. This is particularly helpful for small businesses that rely on lines of credit or business loans for daily operations.  2. Increased Access to Capital: Minority-owned businesses, historically underserved by traditional financial institutions, may benefit from the easing of credit conditions. Lenders could be more willing to offer better terms or approve loans that were previously out of reach. This can encourage these businesses to expand operations, hire more employees, and increase their overall competitiveness in t
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Explore the world of digital assets with eToro! With access to thousands of digital currencies and top-notch trading tools, it's a great platform for beginners and pros alike. If you're curious about digital currency, I highly recommend giving it a try. Plus, when you sign up using this link, we both earn rewards: https://etoro.tw/3O7fFeW . Let's grow together!
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BankThink - 'Kamalanomics' presents a major growth opportunity for US banks

As the 2024 election season heats up, economic policy proposals are once again at the forefront of the national debate. Vice President Kamala Harris, widely recognized for her work in the Senate and in the White House, has introduced a comprehensive economic strategy known as " Kamalanomics ," built on principles of inclusive growth, social equity  and targeted investments in underserved communities. The debate on Tuesday between Harris, the Democratic presidential nominee, and former President Donald Trump, the Republican nominee, highlighted the stark contrast between their economic visions. Trump advocated for a return to his administration's focus on deregulation and tax cuts, while Harris championed her plan for inclusive growth and social equity. As the debate unfolded, Harris emphasized the need for targeted investments in underserved communities, framing these efforts as essential for a sustainable and equitable economic future. While this approach aims to reduce
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Crimes violents : Les taux de crimes violents ont connu des fluctuations notables à partir de 2018. Emeric Vuattier, ESC AMIENS, Amiens, France

Résumé : Crimes violents : Les taux de crimes violents ont connu des fluctuations notables à partir de 2018. Il semble y avoir des augmentations et des diminutions périodiques, certains mois présentant des pics importants. Crimes contre les biens : Les crimes contre les biens suivent un schéma assez similaire à celui des crimes violents, avec des fluctuations qui peuvent indiquer des effets saisonniers ou d'autres influences externes. Analyse : Les tendances saisonnières : Les taux de criminalité, en particulier les infractions contre les biens telles que les cambriolages et les vols, présentent souvent des tendances saisonnières. Par exemple, les mois d'été peuvent être marqués par des taux de criminalité plus élevés en raison de l'augmentation des activités de plein air, tandis que les mois d'hiver peuvent être marqués par des taux plus faibles en raison de conditions météorologiques plus difficiles. Facteurs externes : Les conditions économiques, les activi
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