MBA Advocacy Update Dec. 6, 2021
House and Senate lawmakers passed a continuing resolution ahead of the December 3 government funding deadline. President Joe Biden signed the bill Friday to avert a shutdown.
November Jobs Up by 210,000; Unemployment Rate Falls to 4.2%
The November employment report followed a recent and inconsistent pattern: employment rose in November, although well below expectations, while the unemployment rate fell sharply, the Bureau of Labor Statistics reported Friday.
MBA Chart of the Week, Dec. 3, 2021: U.S. Household Wealth
This week’s MBA Chart of the Week shows that the net wealth of the rich, the top 10% of households, increased by 3.2% between 2016 and 2019, while the net worth of the poor, the bottom 30% of households, decreased by 7.6%.
The Week Ahead Dec. 6, 2021: Three Things to Know
Good morning! We hope you are enjoying the pre-holiday onslaught. Here are three things to look out for this week:
