35 Burst results for "Mark Hamrick"

Unemployment Claims Held Steady Last Week

News and Perspective with Taylor Van Cise

01:49 min | 2 weeks ago

Unemployment Claims Held Steady Last Week

"And the number of Americans applying for unemployment benefits was unchanged last week at 884,000 assigned that layoffs remains stock at a historically lie high level six months after the viral pandemic flattened the economy. A great dotcom senior economic analyst Mark Hamrick has been watching the numbers each week and spoke with comes Tom Hudler. What's the headline here today? I think that we're not making as much improvement with the U. S economy, particularly on the job market as we'd like, and I think there's some real risk here going into the fall. Whether it's because of this more famous From temporary to permanent job loss. You know, you looked at, for example, that number the reference there, which is the new claims administered by all the states, and then you look at the program. That's the pandemic Unemployment assistance program away had a nearly equal new number of more than 800,000. So you look across the landscape between the state administered programs. And that Ladder program, which is meant to help gig workers and entrepreneurs were really talking about a total of about 29 million forms of assistance going out across the country affecting that many people, So you know, this is not normal by it by a long shot. How does today's number compared to the weeks before the pandemic really exploded? I know it's obviously a much larger number. But expert What kind of numbers are we talking about? Comparison was great. Great question, Tom. So you know, earlier in the And when we thought we just sort of the you know, moving along at the normal clip, we were averaging a little more than 200,000 new jobless claims every week, so just on the headline number alone again more than 800,000 administered by all the States. We're four x that other number and that doesn't even get to the other parts of the programs that are being administered again under the pandemic, or cares that program

Tom Hudler Mark Hamrick Analyst TOM
Number of Americans seeking unemployment aid is rising

KRLD News, Weather and Traffic

02:40 min | 2 weeks ago

Number of Americans seeking unemployment aid is rising

"Information out on jobless claims today. Mark Hamrick is the senior economic analyst at Bankrate. Obviously there are a number of ways to slice and dice these numbers, but I think any way you slice it, I think they're disappointing. You look at the headline number. The seasonally adjusted New claims for unemployment benefits administered by all the states that number coming in flat from previous week's upwardly revised number at 884,000. Just put that into perspective. That's more than four times the average earlier this year when we were saying new claims coming in about 200,000 were now nearly a half year into elevated new claims will hit that mark in the coming week across the country. It's worth noting that some of the previous hot spot state bids see a rise in new claims. And of the second largest increase came here in the state of taxes with an increase that was just under 76,000. Elsewhere. We saw rise of 12,000 in the state of Florida. And AH, smaller increase in Louisiana and mark were exactly three weeks away from that all important deadline for the rules expiring for the airlines for the Paycheck protection program. And it sounds like these carriers air still holding out some hope that they won't have to cut tens of thousands of jobs in early October, but it sounds like that hope is quickly running out. Well, the airlines are among those who are hurting the most. They're having such massive operations and diminishing the amount of cash that they're holding on hand. And you know, we've had United Airlines out either job cuts or furloughs, topping 15,000 more relevant to the natural flex. American airline that number that they're talking about what some 19,000 and the ability to either keep workers on or to have to let them go, really is divided between weather. Congress passes further aid to the airlines and sort of the chief suspect. There is the aerial protection program. So this isn't just a question of providing additional checks to those who are unemployed. It's also continuing to provide the ability of employers to keep people on their payrolls, which has another secondary benefits of the broader economy, because retailers etcetera I will be able to get those funds as consumers do what they do that is mark Hammer from bankrate dot com.

United Airlines Mark Hamrick Bankrate Mark Hammer Analyst Louisiana Congress Florida
Dow moves higher early Thursday despite disappointment over new jobless claims

Michael Berry

00:54 sec | 2 weeks ago

Dow moves higher early Thursday despite disappointment over new jobless claims

"Coming in higher than predicted bank rates, Mark Hamrick said Texas saw increases in that state of Texas alone. We also saw increasing claims about now. 8,666,000 several other key states, including California Sol games, a tundra Nate for first time claims were filed. The expected number was going to be about 8 50 or so I got on the phone. I'll talk to Katie are each money man, Pat Shin, asking him and at the time that we spoke, the Dow is up. Stocks are trading higher, following games and markets overseas. The biggest games or From what I'll call the venture out stocks, cruise ships, casinos and concert promoters all trading higher, So I wanted to give you that piece of information. But right now the Dow is down 72 points S and P is down eight. NASDAQ still has a little green. That's up for points right now, But we will be keeping an eye on that

Mark Hamrick Texas Pat Shin Katie California
New jobless claims rose last week as mass layoffs continue

KNX Midday News with Brian Ping

00:35 sec | Last month

New jobless claims rose last week as mass layoffs continue

"By the pandemic, the latest figures show National jobless claims went back up last week to 1.1 million, with the rate of layoffs staying the same week over week here in California with just over 200,000 new job losses. Bankrate con economic analyst to Mark Hamrick hopes for continuing improvement after claims fell below a million a week ago. I've been dashed. The fact is new unemployment claims have remained remarkably elevated for 22 consecutive weeks, coinciding with the panda on the latest survey shows a growing number of people who've lost jobs say they consider their loss to be permanent.

Mark Hamrick Bankrate Analyst California
American initial jobless claims rocket above 1 million again

Newsradio 950 WWJ 24 Hour News

00:23 sec | Last month

American initial jobless claims rocket above 1 million again

"An increase in the number of people filing for unemployment benefits, according to the government. Bankrate economist Mark Hamrick says the number is back above a million more than one point. 1,000,001 really has to be disappointed to see this rebound. A new claims for unemployment benefits, and this includes gains for several key hot spot states, including New York, New Jersey, Texas and Florida, California Senator Kamala Harris

Senator Kamala Harris Mark Hamrick Bankrate New Jersey New York Texas Florida California
U.S. Weekly Jobless Claims Jump Back Above 1 Million

Midday News

01:02 min | Last month

U.S. Weekly Jobless Claims Jump Back Above 1 Million

"Jersey and Connecticut. Well, they are three of the states showing the largest increases and unemployment claims last week compared to the week before. Numbers came out earlier this morning and in New Jersey. More than 24,000 new claims compared to 13,000, who claims a week before New York 62,000 new claims compared to 52,000, Connecticut, had 9300 up from 7400 the week before just released minutes from the late July meeting. Indicate that some members of the Federal Open Market Committee We're discussing the need for further fiscal policy support, as they called it to encourage further improvement in the job market. In other words, they were calling on Congress and the president to pass another round of relief legislation. That would be bankrate dot com Senior economic analyst Mark Hamrick their overall on the weekly jobless claims around the country back above a million, at least for this week, as opposed to the week before they had been falling for two weeks prior But Came in at 1.1 million this morning.

Connecticut New Jersey Federal Open Market Committee Bankrate Mark Hamrick New York Jersey Congress Analyst President Trump
US jobless claims jump back above 1 million in face of virus

Wayne Cabot and Paul Murnane

00:34 sec | Last month

US jobless claims jump back above 1 million in face of virus

"Claims are back above a million. They've been falling for a couple weeks, but they came in at 1.1 million this morning. Bankrate dot com. Senior economic analyst Mark Hamrick says this backs up the call by some members of the Federal Reserve for more relief just released minutes from the late July meeting. Indicate that some members of the Federal Open Market Committee We're discussing the need for further fiscal policy support, as they called it to encourage further improvement in the job market. In other words, they were calling on Congress and the president to pass another round of relief legislation and three

Federal Open Market Committee Federal Reserve Mark Hamrick Bankrate Analyst Congress President Trump
Weekly unemployment claims drop below 1 million for first time since March

KYW 24 Hour News

00:55 sec | Last month

Weekly unemployment claims drop below 1 million for first time since March

"A small glimmer of hope in today's weekly job numbers. The latest look at the jobless picture indicates 963,000 people filed for unemployment benefits last week. Bankrate dot com. Economist Mark Hamrick says it's the first time that number has been below a 1,000,000 since March. The total number of people on unemployment assistance is now down to about 28 million. Overall. We also saw continuing claims dropping on the weak and many of the reason Covad 19 hot spot states saw declines in their new clams short of a congressional deal. President Trump Promises continued Federal boosts to jobless benefits of about $300 a week. Economist Joel Narrow from anyone Unemployment. Theoden anal $600 per week has been the key to their ability to keep spending and paying rent, and that is no longer being paid. Indeed, the biggest threat to the recovery appears to be the political gridlock in Washington. Until that has broken the economy will be under growing stress.

Mark Hamrick Bankrate President Trump Covad Joel Narrow Washington
Trump says capital-gains-tax cut is 'seriously' being considered

Colorado's Morning News with April Zesbaugh and Marty Lenz

00:42 sec | Last month

Trump says capital-gains-tax cut is 'seriously' being considered

"We don't know yet how President Trump's executive orders on Covert 19 will play out. States say they don't have the money to kick in 1/4 of the supplemental federal unemployment benefit, but the president already has plans. Beyond that. We're looking at also considering a capital gains tax cut, which would create A lot more jobs. Whether it is also talking about a middle income tax got earlier this morning bank rates Mark Hamrick joined us on Colorado's morning news. Here's how he characterizes the tax got talk. I think any talk about a tax cut at this point is really just just trying to fill the void with Idle rhetoric, Hamrick says any new tax cuts are unlikely, at least until the election is

Mark Hamrick President Trump Donald Trump Executive Colorado
1.2 million seek jobless aid after $600 federal check ends

AP News Radio

00:44 sec | Last month

1.2 million seek jobless aid after $600 federal check ends

"The monthly jobs report for July is due out later today many economists are expecting a disappointing monthly jobs report including Bankrate dot com's senior economist mark Hamrick while we did see some are reasonably robust hiring in the month of June with nearly five million jobs added according to labor department most economists do not expect anything like that here for the month of July in fact it probably fewer than two million and what about the unemployment rate in June I was eleven point one percent still historically high economists think the bank could slip to ten and a half percent in July even with July's expected gain barely forty percent of the jobs lost to the corona virus have been recovered surely a blur Washington

Mark Hamrick Washington Bankrate Senior Economist
4.8 Million Jobs Added in June, but Clouds Grow Over Economy

WTOP 24 Hour News

02:41 min | 3 months ago

4.8 Million Jobs Added in June, but Clouds Grow Over Economy

"Are much better than expected Report out today shows US economy, adding 4.8 million jobs in June Labor Department now reporting that unemployment also fell to 11% last month, but bankrate dot com economist Mark Hemorrhage says that number may actually be slightly higher. He joined debris. Debbie Feinstein live on Skype to explain 1/3 of the jobs that were lost among the 20 Two million of since been restored, which obviously means 2/3 yet to be. So we sell the high rate of unemployment in our country, and I had an asterisk to the 11.1% unemployment rate you mentioned. Their Labor department cautions us that because of problems with measurement that are ultimately fairly complicated, the actual unemployment rate is about another percentage point above that. So let's talk about 12%. That's 2% above the highest level we saw during the great recession over a decade ago and within certain sectors, for example, in leisure and hospitality, which is the category including bars and restaurants, the unemployment rate they're 29%. That's above the level of the great Depression, So we still have a lot of heartache to work through here. Also, we've gotta recognize that new shutdowns air now underway again because of the pandemic. This data and today's report is from the 1st 2 weeks in June before this latest round of shutdowns. What does this mean? Looking ahead to the next report? That means there's more risk associated with a weakness, or at least a stall in the data will get for the month of July. As you indicate this dad has always collected around the 12th of the month, so it is somewhat stale. At this point. That's why, in some cases It's been more optimal to look at new claims for unemployment benefits of there. We're down for a 13 straight week, but elevated above a 1,000,000 for 15 straight weeks. Do businesses feel okay about rehiring again now? Or is there still too much uncertainty? For example? What happens now? If people stopped traveling again? The answer? That is really about the answer having to do with where you're located. What sector you're operating in on what the business outlook is operating a restaurant which would be doing business under challenging, Sir. Come stances on the best of times because of the high failure rate thinking about being restricted at 30 or 50% of your traditional level of business. You're thinking you're walking on egg shells. But if you're in a service industry, perhaps technology I t working with the cloud collaborative tools of security, the many tools that have kept many of us in operation during the lock down, But do you think the outlook is pretty good, by the way? Mortgage interest rates or a record low levels that's helping the housing mark. And that's one reason why the financial services Trade really still has a remarkably low unemployment rate right now, and that is bankrate dot com economist Mark Hamrick.

June Labor Department Bankrate Mark Hemorrhage Debbie Feinstein United States Skype Mark Hamrick
More Than 1.5 Million Workers Sought Jobless Benefits Last Week

WTOP 24 Hour News

02:02 min | 3 months ago

More Than 1.5 Million Workers Sought Jobless Benefits Last Week

"Until the economic news that one and a half million laid off workers applied for unemployment benefits last week even as the economy appears to be slowly recovering before businesses partially reopening these days mark Hamrick senior economic analyst for Bankrate dot com says we should know here it is the tenth straight weekly decline in applications for jobless benefits since they peaked in mid March we're still seeing extremely elevated claims and they do seem to be I would say stabilizing of the headline numbers of new claims have been declining as you say for ten straight weeks bought yeah we look at the sort of headline numbers on the claims the main on employment program which had about you know a little more than one and a half million new claims but still there's another seven hundred thousand that are part of the carers act pandemic claims so we're still talking about two point two million overall and you know something along the lines of thirty million people in all continuing to receive unemployment so I think we're continuing to try to balance optimism with realism and obviously what's what's happening with the stock market we're getting a dose of realism circling back around it's probably one of the most commonly asked questions I've been getting for people whether they're essentially friends family or in media settings what's going on with Wall Street I just try to remind people that Wall Street is not main street and vice versa and with all the trillions of dollars in a stimulus or relief there been applied to the county the stock market reacted in kind for those and adventures who I would've largely urge to stay put through all this they've been rewarded by that thirty plus percent return from the lows during the pandemic it's obviously concerning we see nearly half of states with rising cases of coke at nineteen the chairman Powell basically stated things as they are many on Wall Street might of like two had a Rosier view but having a rosy view in the mess of everything we're dealing with probably would be a disservice to those who are suffering economically or because of their health mark Hamrick senior economic and list for Bankrate

Chairman Powell Mark Hamrick Analyst Bankrate
Keep an eye on the labor force participation rate

Marketplace with Kai Ryssdal

03:11 min | 5 months ago

Keep an eye on the labor force participation rate

"It's entirely possible likely. Even the things are worse than the very bad numbers are already telling us from American public media. This is marketplace in Los Angeles. I'm Kai Ryssdal. It is Thursday today the last day of the craziest full month. This economy has seen. Maybe ever good to have you along everybody. There will be in the first few minutes of the program today. Some math and I apologize. I know that's not why you're here. But this morning's news that another three point eight million people filed for unemployment benefits in the past week more than thirty million since early March pledges. Us DO SOME CALCULATIONS. So here we go. The unemployment rate before the bottom fell out of this economy was three point. Five percent that went up to four point four percent in March next Friday morning. We get the April number and as marketplace's Mitchell Hartman reports. It is almost certainly going under shoot. How many people are really out of work? I asked several economists. How high they think unemployment is right now. The average around twenty percent but the official number for April won't capture a lot of people not working because of the pandemic take fifty two year old Brian Forester of Tulsa. I finally got through to the Oklahoma unemployment commission. I'm kind of on. Hold with them right now. Yeah he took my call while a state worker checked on his appeal for jobless benefits foresters out of work and has no income but he wouldn't be counted as unemployed by the Labor Department because he's not actively looking for work he had a job lined up with the Census Bureau. But it's been put on hold. They're really not a lot of jobs out there available right now. That's what I've been doing is basically cooling my hails. So what's a better measure of unemployment Bill Rodgers former chief economist at the Labor Department suggests the labor force participation rate its share of the civilian population. That is either working or they say that they're actually searching for a job. Roger says a sharp decline in labor force participation will show the true scale of employment loss. It's also capturing people who may have gotten discouraged has there aren't jobs in the world of Cova. They're concerned about if they work. They can get sick. The Congressional Budget Office predicts labor force participation will fall to just under sixty percent the lowest since the early one thousand nine hundred seventies. The hope is that as people return to work. Participation will start rising again but there are signs of unease among American workers bank rates Mark Hamrick sites a recent survey fifty seven percent or moderately to extremely concerned about their job security and those least likely to go back to work soon or have employers to go back to our in low-paid sectors like restaurants hotels nail and hair salons. I'm Mitchell Hartman for

Mitchell Hartman Labor Department Brian Forester Kai Ryssdal Los Angeles Congressional Budget Office Mark Hamrick Oklahoma Census Bureau Bill Rodgers Cova Tulsa Chief Economist Roger Official
Trump predicts big economic rebound as numbers remains grim

AP News Radio

00:41 sec | 5 months ago

Trump predicts big economic rebound as numbers remains grim

"As a condom is worn have serious long term damage due to the corona virus president trump is predicting a big economic rebound hours after the government reported some thirty million Americans filed for jobless benefits in just six weeks the president's predicting a return to a stronger pre pandemic economy and beyond and I think we can actually surpassed where we were the president says he's relying on his gut economists like Bankrate dot com's mark Hamrick aren't looking at the numbers like low consumer confidence even with some businesses re opening it looks to be a slow comeback with virus fears dominating consumers are gonna be quite cautious Sager make ani Washington

Donald Trump President Trump Mark Hamrick Sager Ani Washington Bankrate
Trump says he 'feels' economic recovery coming as laidoff workers worry

AP News Radio

00:45 sec | 5 months ago

Trump says he 'feels' economic recovery coming as laidoff workers worry

"The president says the economy will roar back soon I feel that I think sometimes what I feel is better than what I think in New York what laid off tour guide even first feels is sadness I just want my job back he's getting jobless benefits without them I really don't know how they'll get pie how will be a bit buy groceries scabby may have lost her job as a restaurant line cook and hasn't received any benefits yet I'll be able to make rent next month but after that if it doesn't kick in but I am definitely in trouble even as the economy slowly starts to recover Bankrate dot com's mark Hamrick says people like for stand there may be among those left behind how many of these workers will be called back to their jobs Sager make ani Washington

President Trump New York Line Cook Ani Washington Bankrate Mark Hamrick
Jobless benefits appllications top 30 million in just six weeks

AP News Radio

00:53 sec | 5 months ago

Jobless benefits appllications top 30 million in just six weeks

"The economy continue sliding into the most devastating crisis since the Great Depression the latest numbers are staggering another three point eight million Americans filed for jobless benefits last month about a load would be shockingly high under any circumstances but Bankrate dot com's mark Hamrick says it means a total of more than thirty million claims in just six weeks by far the worst layoffs to regard record a condom is say it'll get worse as employers keep cutting payrolls summer projecting the unemployment rate will hit twenty percent of this month the worst in decades yesterday the government reported the economy shrank in the year's first three months for the first time in six years it's expected to further contract by up to forty percent in the next three months which would easily be the worst on record Sager made Connie Washington

Bankrate Sager Connie Washington Mark Hamrick
Jobless benefits appllications top 30 million in just six weeks

AP News Radio

00:53 sec | 5 months ago

Jobless benefits appllications top 30 million in just six weeks

"The economy continue sliding into the most devastating crisis since the Great Depression the latest numbers are staggering another three point eight million Americans filed for jobless benefits last month about a load would be shockingly high under any circumstances but Bankrate dot com's mark Hamrick says it means a total of more than thirty million claims in just six weeks by far the worst layoffs to regard record a condom is say it'll get worse as employers keep cutting payrolls summer projecting the unemployment rate will hit twenty percent of this month the worst in decades yesterday the government reported the economy shrank in the year's first three months for the first time in six years it's expected to further contract by up to forty percent in the next three months which would easily be the worst on record Sager made Connie Washington

Bankrate Sager Connie Washington Mark Hamrick
Jobless benefits appllications top 30 million in just six weeks

AP News Radio

00:53 sec | 5 months ago

Jobless benefits appllications top 30 million in just six weeks

"The economy continue sliding into the most devastating crisis since the Great Depression the latest numbers are staggering another three point eight million Americans filed for jobless benefits last month about a load would be shockingly high under any circumstances but Bankrate dot com's mark Hamrick says it means a total of more than thirty million claims in just six weeks by far the worst layoffs to regard record a condom is say it'll get worse as employers keep cutting payrolls summer projecting the unemployment rate will hit twenty percent of this month the worst in decades yesterday the government reported the economy shrank in the year's first three months for the first time in six years it's expected to further contract by up to forty percent in the next three months which would easily be the worst on record Sager made Connie Washington

Bankrate Sager Connie Washington Mark Hamrick
"mark hamrick" Discussed on WBBM Newsradio

WBBM Newsradio

02:02 min | 1 year ago

"mark hamrick" Discussed on WBBM Newsradio

"Mark Hamrick with a Bank rate dot com, personal finance minute. Going back to the end of last year. There have been concerns that a recession could arrive in the US sooner rather than later, the stock market declined sharply before the Federal Reserve signal no further rate hikes for a while. So it was a real. Relief to see the Labor Department report nearly two hundred thousand jobs added in March after a soft February the monthly average where the just completed first quarter turns out to be a solid one hundred eighty thousand quite respectable for this stage of the nearly decade old economic expansion. But retail has been going through a rough patch losing a total of more than thirty thousand jobs over the previous two months added to that in the first three months of the year retailers announced plans to cut one hundred ninety thousand jobs amid plans to close four thousand stores this year. The US economy is slowing after impressive three percent growth rate for all of twenty eighteen but slower growth is something quite different from no growth for more. Check out Banchory dot com. I'm Mark Hamrick. He covered WBZ news time one ten a twenty year old L man, and a juvenile are charged with a felony tied to a date that turned into a robbery WBZ. Keith Johnson reports Aurora police say hate motley of Elbert enter Jubilo from Aurora setup. A victim through a dating app cult scout. Police say. The target thought he was meeting female in an apartment parking loud and best place. Instead police say the victim was confronted by two males who beat him up and took his wallet the suspects around a but relocated nearby by Aurora. Police heath Johnson, NewsRadio one zero five point nine FM and elk grove village. Van has been indicted on charges. He tried to kill a postal carrier last New Year's Eve WBZ's. Jim good us reports. Federal prosecutors say Cameron rubel shot and wounded the letter carrier who had just made a delivery and the two hundred block of west Brent, whatever new in oak grove village. Investigators say route Bush walked up to the postal carriers truck said something along the lines of what's up man than fired. The truck has the postal carrier drove away the postal carrier survived. That will prosecutors say Ronald by junior about prospect is charged with driving book from the scene after the shooting..

Mark Hamrick US Aurora Eve WBZ Federal Reserve Van elk grove Keith Johnson heath Johnson Cameron rubel Labor Department oak grove robbery west Brent Bush
"mark hamrick" Discussed on WHAS 840 AM

WHAS 840 AM

04:06 min | 1 year ago

"mark hamrick" Discussed on WHAS 840 AM

"To Mark Hamrick senior economic analyst for Bank rate dot com. Mark go. Welcome back. Let's talk a little bit about some things that we've been talking about for a long time. Actually, that's student loan debt and its impact. Now, we're starting to see more and more on the economy with millennials. Absolutely are Tony good morning. Be wet you. So we've talked about the one point five trillion dollars worth of student loan debt. Probably to some degree a pretty often in the country in terms of that being a large amount, but you know, with all these sort of government spending or government related issues in our country, very often these big number sort of fly by us, and we don't really appreciate the gravity of it. In this case there is gravity. Bring people back down to earth because you know, the Federal Reserve estimator that the average student loan balance. And obviously we're talking about an average is about twenty to twenty five thousand dollars and that probably translates to a payment of about two hundred three hundred dollars a month. So we wanted to find out whether a people had delay major financial decisions because of that. And how often has that occurred? And first of all we found that across basically the entire US population. You have a high of more than seventy percent saying they have had to delay of major decision. Financially focused for generation the those that are eighteen to twenty two seventy three percent from the line. When you go across the entire age spectrum and even those in the silent generation, which is seventy four o'clock, you got four down there saying they've had to do that. And so then you ask them what have they had to delay? And for all Americans, basically one in three have delayed saving for emergencies almost the same amount for saving for retirement. Let you go to millennials and basically one out of five have either delayed getting married or having children. So this is real. It is. And you know, I'm trying to think of some systemic issues about this first of all most seventeen eighteen year olds entering college. Just they just say, I'm a I'm going to get a loan or maybe when they're nineteen twenty and they realized that they don't have enough money for college. I'm just gonna go get alone. Because that's what you do. They're not thinking about having a family one day. Maybe not at that. That juncture not ownership of a home. For example, you had the government loans situation that made it easier for many people to have loads and then schools subsequently raised their tuition because they know they're going to get paid or they hope they're going to get paid. Absolutely, right. It's a less than virtuous cycle. And, you know, obviously, in many cases of the conversation that can involve parents and their children, in some cases grandchil- parents as well. And so we did ask what would you do differently? You had it to do over again. What's your do over? If you could have that and one three that they'd apply for more scholarships, but Tony one, and they wouldn't have tended college at all about one in five that they would have opted for a different degree or have chosen a less expensive college or university, and the same amount said that they would have chosen a trade school or community college and this one, but I think there really are better solutions for people where you know, you don't have to go to the top to your smartphone. The apple school. Go to one you just get the job done or go to the community college where after two years, you haven't spent as much money, and you probably have a good prospect. They're being granted acceptance at a state university they recognizes that that's a good system for them as well. And in public education. Let's start teaching kids how to budget in high school because a lot of parents don't do that financial literacy is I would say another crisis in the country. And then we're falling behind signed number one in the world. For financial literacy. Wow, mark. Appreciate your time. Is always thank you that senior economic analyst for bankrate dot com. Mark.

Mark Hamrick analyst Tony US Federal Reserve bankrate apple school two hundred three hundred doll twenty two seventy three perce twenty five thousand dollars seventeen eighteen year five trillion dollars seventy percent two years one day
"mark hamrick" Discussed on News-Talk 1400 The Patriot

News-Talk 1400 The Patriot

01:30 min | 1 year ago

"mark hamrick" Discussed on News-Talk 1400 The Patriot

"News this hour from townhall dot com. Patrick voss. Japan's main stock index the Pablo heavy Wall Street losses triggered by president. Trump's christmasy criticism of the Federal Reserve AK to twenty-five lost five percent on Tuesday this coming after the Dow sank six hundred fifty three points, Monday, the SNP slid sixty six the NASDAQ skidded hundred forty points Bank, raid dot coms. Mark Hamrick says the market was spooked Monday between the president's attacks of the Federal Reserve chair. The alarming statement came from the treasury department that probably was a mistake in the sense of raising the issue of the liquidity of the banks when that question really hadn't been asked before. US Treasury Secretary Steve Mnuchin has called the CEO's at six major banks. It was an apparent attempt to reassure jittery financial markets coming off a turbulent week in the stock market that is now bracing for potential repercussions from a partial shutdown of the US government. Mnuchin disclosed the calls were the heads of Bank of America Citi. Goldman sachs. J P Morgan Chase, Morgan Stanley and Wells Fargo in a tweet about the private conversations. Mnuchin said the CEO's all assured him they have ample money to finance all their normal operations. Even though there haven't been any serious liquidity concerns rattling the market Jeremy house Washington pilgrims from around the world flock to Bethlehem for what was believed to be the biblical West Bank cities largest Christmas celebration in years sign. The night was heard being sung in the street..

Steve Mnuchin CEO president US Federal Reserve AK Federal Reserve Patrick voss Goldman sachs treasury department Mark Hamrick Bank of America West Bank Morgan Chase Wells Fargo Japan Trump Bethlehem
"mark hamrick" Discussed on KTAR 92.3FM

KTAR 92.3FM

10:26 min | 1 year ago

"mark hamrick" Discussed on KTAR 92.3FM

"Independent in thoughts and punk rock in life. It's the Chad Benson show jobs jobs, jobs, economy, jobs, jobs, jobs, vitally important. We still are a nation that is driven by the economy as far as how we feel in a lot of ways joining us. Now, Mark Hamrick bankratEcom joins us every month at this time to talk about these things and the numbers not as good as people thought my man, well, some people right? And so I think the main takeaway is that this doesn't do away with the concerned about whether the US economy will be slowing, but we're in the ninth year of economic expansion, and it is not appropriate to think that you would have the same level of jobs creation now that you would have earlier. So with this report one hundred fifty five thousand jobs added on the month that's down about fifty four thousand from the average over the past year, but also down from the previous month, which was quite strong. So. We do not want to make too much out of one month's numbers. It is not a trend. It's an event and the unemployment rate remains at three point seven percent, which is below the level. Most people thought it would be at any point during this time period. As we look forward. And and obviously at some point in time, the good times are no longer going to roll for me. It is not if but when and even more important question is how do we handle a slowdown in the economy? Are we going to have sixteen months or twenty four months where it's just it feels like there's a dark cloud, or is it a six month kind of thing. And we hit we bounced we turn around and we start to climb back up. And I think that's what a lot of people are worried about well, and that's very well said by the way, and I wish everybody understood the things that not only you mentioned there, but were inferring. And so if you go back and reason history and for the purposes of this discussion, we know that a decade ago. It was sort of a disaster what the recession and financial crisis. But go back to nineteen eighty and there was a recession of then that lasted eight months and was relatively shallow. But then unfortunately, you had one that followed in eighty and eighty one. Where the economy declined by three percent over that period. Lasted a year two thousand one we are the recession that lasted eight months and barely budged. And then a more severe one in nineteen ninety that lasted sixteen months and the economy contracted by one point four percent. So that's simply verifies what you're saying. And also raises a number of questions. What should we do, you know and at Bank rate over time, we survey as you know, consumers borrowers investors of on a regular basis and one thing that has been quite certain is the number one regret that people have with respect to their finances. As a failure to save for -mergency failure to save for retirement. So this is the time to be doing all of that. When the sun is shining from a financial point of view, at least from the national statistics Sam Boyd and then for workers because the unemployment rate is so low they really should we. But they should be working to maintain. They're professional contacts all the time. Because if all of a sudden on a Friday in today's Friday, if somebody here is, you know, there's a meeting with HR coming up on you fear, the worst and the worst has happened, meaning your leg. Oh, that's the worst time to begin putting together the list of people who are your professional contacts that needs to be an ongoing effort. So these are things people can do right now. Save money stick to the budget. If you're a worker have that list of sort of your go-to people, and then when the recession hit, you can go, hey, you know, what we got to open the first aid kit right now. Yeah. Absolutely talking to Mark Hamrick. bankratEcom? You know? So the the Donald say, it's a slowdown. But definitely this month isn't look too great. And then you've got the tariffs and people are starting to wonder they're looking at the market the market itself is not the it feels bumpy. It's definitely going through some turbulent times. And and having been broke of mice myself for years. And you know, this is anything the one thing the market likes. They don't care if it's the right or the left that's in control. What they want is stability. What's the stance right there? The tariffs are causing this. Or what is it? That's going on there that people should be. They're looking at their four one K. I was talking to somebody day. And they're like, oh, it's making me sick. I'm like, well, don't look at it. Well, that's one thing. Right. And of course, if one is invested in a way that you need this money immediately. Or in the next twelve to eighteen months on us, probably should be thinking about something as opposed to retirement for some might be ten twenty thirty plus years out. But in terms of the outlook, I think the most damaging thing about what has happened very recently. Is that no matter where one sits politically it's hard to say that the Trump administration appears to be competent with its handling of these trade discussions when you have messaging that is a mess, and no bilateral or another words joint statement, but from China, and the US immediately after that dinner and a lot of computing comments that came from the administration some where you had people directly contradicting themselves. Immediately thereafter. And then, of course, the prospect that these are all complicated issues that are very difficult to resolve in ninety days. Not the least of which is you know, they haven't been resolved to date as we worked on all these things. So there's that. And so you say, well, why does that matter? It isn't that just all politics. No because business leaders need to have some clarity with respect to the policies that they're anticipating so that they can figure out whether they invest in new structure or quit or hire more people. And so all this is lending to additional uncertainty. Other variables out there include the interest rate outlook, the Federal Reserve meets later this month expected to raise rates by a quarter of a point may signal. A slower approach head with respect to whether it will raise rates very aggressively or not in twenty nineteen and that'll be something to watch talking to Mark Hamrick from bakery dot com. So as we look at all of this as we discussed these things that are going on right now and. You guys had a great story on your page about the fact that the American people feel that forty three percent of that at some rate at some point in time is going to be politics that is going to crush this economy. Not something that the, you know, just go south or terrorist attack or anything like that. But it's actually going to be the politics of the day. They're going to slow this thing down. And I try to tell people the thing that I looked for for indicators. You guys go. Everybody's got something a little bit different. But to me a lot of it is consumer confidence. And that to me is the thing because I think they're looking at politics and looking at the house flipping over to all of those things, and that's where the consumer confidence can come in. Because people could start to worry that something's going to go on that's going to cause everything to come to a halt. Well, you're right. And so that survey we did we asked people what he thinks the greatest threat to the US Konami in the next six months, and did you said more than four out of ten said, it's basically Washington, and then that was five times greater than the second most common answer at nine percent, which was terrorism. And the good news is we really haven't had significant traditional terrorism in the United States for some time. Now, you can argue about what are you define terrorism? As and some people would say a school shooting ought to qualify. But that's neither here nor there for the moment. Elsewhere people are concerned about rising interest rates to stock market decline, which as you say we've had and so the interesting thing about while you're. Talking about there. Chad among other things is that in terms of the broad measures of consumer confidence. They've been hanging in there with respect to what we get from the university of Michigan in the Conference Board and consumer spending over this period. That's the holiday season that's key for retailers. Is broadly expected to be firm. But you know, there is a kind of a of a murky thing that that maybe our survey is better at capturing which is not it's just not about consumer sentiments. It's more about a mood. Right. And so one of the things that I've talked about is that around the midterm elections is that of you know, we we're living in very tumultuous times, politically, and that's being seen in places like France and Great Britain and elsewhere. So it's not unique to us. We might have our own special American version of it. And so I do think that takes a toll of some kind of anxiety, for example on the part of millennials among others. And I am so I I do think there is a cost. To that. And that's sort of even leaving the current president of the United States aside. Although I you know, he doesn't help the matters when he has such low approval ratings again, no matter where you sit on that side of the equation. There's a cost of that too. So I think that these do affect economic or financial decisions indirectly. But it's harder to measure. Yeah. It is looking. Let's let's let's forecast out two thousand nineteen. What are you guys? See over there Bank. Right. You see the economy staying kind of steady growing at like two and a half to three and a half percent. And we're moving forward or. Because I I looking at it too late two thousand nineteen early two thousand twenty I think I think that's the time. I think we could see ourselves go into recession, and I'm more worried again about how do we rebound from that isn't going to be a soft landing? And or is are we just going to go for a while till we find bottom. Well, and do we send, you know, minors tomorrow to look for federal funds to spend on fiscal stimulus. Right because we've already, you know, front end loaded this current four year term with spending at the beginning that has done damage to the debt and the deficit, and that it makes it harder to find a way to jolt the economy, if indeed you fall into that. But in terms of answering the question, you know, the consensus is basically what you described and I probably am pretty well aligned with that. And that means that the benefits of the tax cut, which in many ways haven't shown up quite as aggressively or as strongly as as the proponents of it had hoped unless the form of more investment on the part of business a repatriation of funds from overseas. Sees where American companies had that money parked abroad that hasn't happened to the degree that people thought it would..

United States Mark Hamrick Chad Benson Sam Boyd Federal Reserve Mark Hamrick. Konami Donald university of Michigan Washington president China France
"mark hamrick" Discussed on KTAR 92.3FM

KTAR 92.3FM

04:14 min | 2 years ago

"mark hamrick" Discussed on KTAR 92.3FM

"Here's Mark Hamrick. Senior industry analyst at bankrate dot com. Mark what's that number mean? It means that there's nothing to see here and move along. Meaning that that number is being widely disregarded as being an accurate portrayal the job market largely because of hurricane Florence. So we believe the trend remains in place 'cause we're adding about a two hundred thousand jobs a month in this country for eighteen straight months, Gordon. The nation's unemployment rate has been below four and a half percent four years ago. The Federal Reserve projected in the sense adjusted about projected back then that four and a half percent. It was essentially full employment in our country and been below that level for eighteen months. So the economy continues to grow at a robust rate the job market continuing to chime in as well. And so this is a good time for workers. Employers are having some strains from the standpoint of trying to find well-qualified workers. But you know, that's a good issue for workers to have what about wages now is the market starting to push those wages up on the continuous basis. Not to the degree that we would have expected by this point. And so in this report a bit of a disappointment from the hoping to get more pay standpoint average, hourly earnings up below three percent two point eight percent actually a bit of a backtracking there. And so what the unemployment rate now at a level that was last seen in nineteen sixty nine. What were you doing? When the Beatles were still together. You know, we would have thought the wage growth would have been more substantial at this point. And it's not the case, we'll speak with Mark Hamrick senior economic analyst at bankrate dot com. Talked about the September jobs report does the wage issue remain a mystery are we just kind of waiting patiently for things to show real progress. Because I really don't understand why why the wages aren't going up. They are in some cases, obviously. Well for one that's an average. Right. So that's the old year. Results may vary routine. And we think about how without getting into politics. I we have a political divide in this country that at least to a modest degree as a full informed by different individuals economic experience. So you think about where economies have not participated in the economic expansion. Many small towns across America or some of the more remote areas such an apple HR and nothing's probably going to frankly change that much in the near term. And so that does inform and individuals view of what's happening. But my point about that is I said as we speak in Washington DC, and you said in a good place as well. Whether when it comes to looking for jobs, there are others across the country less. So and obviously it also depends on what sector you're working in. So to the broader picture though. Yes, it's disappointing. I think there are a number of ways that employers substitutes. For labor, whether it's with technology or move the jobs. Elsewhere either across the country or around the world. And perhaps none of that changes. Frankly, another question is probably impossible to answer. What it has to be asked by people like me nine years into this economic expansion. What's left? I think the best bet right now is it's got at least another two years to go. The you know, the question really ends up being to some degree, you know, for the past two quarters. We've had I would say substantially better growth than expected. Does that bring the end of the expansion closer? Or does it extend it another words does it mean that the economy can continue to crank out a good output for another two plus years, or does it mean that we're overheating at some point you just can't improve any further, and that's an answer that only comes after the fact, but I think for most of us, I think the most important answer to that important question is for now it looks positive the impacts of the tax cut begin to fade and twenty twenty. I think probably twenty twenty as a day to watch on that happens to coincide ironically or perhaps now. With the next presidential election. Nice. Mark Mark Hamrick. Senior industry analyst at bankrate dot com. This.

Mark Mark Hamrick bankrate analyst Mark Hamrick hurricane Florence Federal Reserve Gordon Beatles Washington DC apple America eighteen months eight percent three percent two quarters four years nine years two years
"mark hamrick" Discussed on WTVN

WTVN

03:11 min | 2 years ago

"mark hamrick" Discussed on WTVN

"Where we find Mark Hamrick senior analyst at bankrate dot com. Eight thirty September jobs report is out. There's always good and bad. But as far as workers go there's plenty of jobs and very low unemployment rate, Mark. Yeah. Good for workers. Always good to be with you. Thanks for having me. This report this morning. Probably a firm what we largely already know. And that is the job market is wrong. Now, there is a slight risk that we could have a bit of a downside surprise with the report that's not because of something that's sort of literally happening in the job market. But rather impacts of hurricanes warrants when it came time to gather the data. So while our prayers and thoughts that continue to go out to all those who were affected by mental is the impact we don't believe that obviously the job Marcus load significantly last month. But rather if it shows up on the report that way, we look to recapture that of the following month. So bottom line is job markets draw. Yeah. So year and a half under four and a half percent, which is pretty good territory to go. You saw interest rates jump up yesterday. Stock market reacted. Is there is there? Any hint in your mind that inflation could get going and maybe get away from us. Very good question. First of all, you know, for people that may not watch all this stuff on a daily basis what we're really talking about. Here is the interest rates are set by the bond market, and what we've really seen there is I would say more of a return to normal like about the fact that the Federal Reserve also set some benchmark interest rates about to take an interest rates down to record low levels after the financial crisis, great recession. So there is a price to be paid for strong economy, and and that is higher interest rates. So, you know, here a Bank rate we've been talking about the risk of rising rates probably for as long as I can remember, which is probably five years. And and this is this is now happening. The question really is at best is whether it happens sort of dramatically on a day to day basis, and that sort of has been happening recently, which is what sort of knocked the stock investors for a loop. Yeah. And I'm wondering too with Amazon saying we're going to put the bottom at fifteen bucks expecting. Maybe other people will follow is that do you think going to have a positive negative or no effect on the job market and employment? I don't think it's first of all has any real impact on the broader economy because of years are paying what they have to pay. I think this was more of a PR slash political move on Amazon's part in. I mean, it was a good one from the standpoint of its hammered very off before let's say the perception of the way, it's workers fair. But you know, we we have to see summarized wages. Probably this report this morning won't necessarily change that narrative, and we think as long as they unemployment rate remains as what was it is probably goes lower early next year. We will see further improvement in wages, which for everyone who works as a welcome thing. Absolutely spot on Mark always appreciate the time in the conversation. Mark Hamrick senior analyst bankrate dot com..

Mark Hamrick senior analyst bankrate Amazon Federal Reserve Marcus five years
"mark hamrick" Discussed on News 96.5 WDBO

News 96.5 WDBO

01:55 min | 2 years ago

"mark hamrick" Discussed on News 96.5 WDBO

"I would say is that as soon as we see the recession warning signs of the stock market will start to really factor that in that's when the market tends to start failing and obviously if we start seeing a substantial slowing in economic data i would say the first two things to watch for our depressed business confidence depressed consumer confidence and obviously we don't want to have a financial crisis that can bring all those things come crashing rather rapidly talking to mark hamrick bankratecom senior economic ally analysis analysts there you know it's funny when i when i hear the you know when you talk about inflation he talked about raising rates i i was trying to tell people look you know the fed we when you when you they decide this it's not all scientific there is some there's some art to to win and they do this it's about massaging the rates in a lot of ways and i think a lot of people think just look straight is strictly at data but there is some gut in some of this stuff oh that's very well said i wish that everybody in our profession understood that that and that's why you know i think it's fair that people have attended to describe economics is the dismal science there's a lot of human behavior that feeds into it i do think that you know typically the federal reserve officials are sometimes under appreciated because everybody finds a conspiracy around the corner these days that was true janet yellen i did a very respectable job she seems to need to do have been replaced because he was nominated by president obama and president trump wanted to put his own person in there and so far i think jerome powell has done a respectable job but it's early in the process and history will make all those judgments but to your point right now you're right i you know the fed is trying to basically judge all this as it happens and that's one thing i do caution people right now the expectation is that basically the fed will be raising rates three times this year but they really do go into those meetings essentially ready to form consensus the time.

president obama president trump jerome powell fed mark hamrick janet yellen
"mark hamrick" Discussed on 1410 WDOV

1410 WDOV

02:12 min | 2 years ago

"mark hamrick" Discussed on 1410 WDOV

"The remainder anticipate staying in their current home for a median of five years what are these numbers mean for the economy we're joined now by mark hamrick senior economic analyst at bankrate rate mortgage look at we wanted to basically at least one kind of a slice of the state of home ownership in the united states right our so what's going on with the housing market and so we ask homeowners whether they plan to move and if so wet well we found pretty surprising findings sixty two percent don't ever plan to move now of course that's their current plan that may change seventy nine percent plan to stay put for five years and then you go on down the line about a third of those homeowners responding said well you know we do plan to remodel upgrade or add to the home in the next five years and then justice twelve number i would say thirty percent plan to live in their home for fewer than five years so this is all feeding into what's going on in the housing market now gore where we don't have a lot of homes up parka how do those numbers compare historically we think that they are probably more sedentary than in the past we don't have we don't have our own survey but here's how i explained at a couple of things first of all we begin with young people particularly those who are either not working or are working and have been saddled with some of the one point four trillion dollars dollars in student loan debt we know that that is delaying deferring things like home ownership i've been with older people people my age and older you know there's a lot of cases going on where either people have seen this esscalation and home prices over the past number of years and are saying you know what our place is just fine given what will have to pay to get into the next place and that could even pertain to downsizing because to downsize can cost a lot of money to and so you know we're talking earlier about housing affordability we have this double edged sword now of rising mortgage rates highest at four years and rising home prices what we're basically seeing your over a year increases just on average of five or.

mark hamrick analyst united states bankrate gore five years four trillion dollars seventy nine percent sixty two percent thirty percent four years
"mark hamrick" Discussed on WTMJ 620

WTMJ 620

02:03 min | 3 years ago

"mark hamrick" Discussed on WTMJ 620

"The stormy bought it will not be enough to sort of knock the us economy off correct up not to be to commit to about the impact on individual to build local community we know that was a in other words catastrophic what were you repeatedly but it's not a catastrophe for the us economy but the left wait learn from past event like superstorm sandy as well as good credo uh the impact of uh you know at least two of those hurricanes seemed to be perhaps taken together even more significant and katrina was bought the good news good were already seeing it and some gate book though were coming back so cartwheeled last month war willie strong and that was because people had cat commander up late but vehicle that were flooded or destroyed for example in the houston area we speak with mark hamrick senior economic analyst at bankratecom so the potential here for lower job growth would that be tied also to lower economic growth because of that it looks like the us economy may have taken a bit of a pause in the most read them third quarter bought the outlook for the foreseeable future is pretty good of neil not everything new firing told with big not all the time i wondered or where we would like them to be a retail tailed event a little on the weak consumer spending obviously beating into that a little weak hold the kale naturally little week bought over all of our example we're seeing a boat the goodsproducing sector which includes the manufacturing and construct on the serb or what is really uh the as part of the us economy although t to be doing broadly quite well and so uh neil goodwill we over tied the economy is never quote unquote normal at any given time globe at a given taken the mature economic recovery of those point though that of doing this well at this point a good interest rate hikes still on track for december best you can yeah fell yet bill widely affected that the fed will likely raise interest rates at the end of the.

us katrina commander mark hamrick analyst bankratecom the outlook neil fed interest rates willie strong houston
"mark hamrick" Discussed on KARN 102.9

KARN 102.9

01:57 min | 3 years ago

"mark hamrick" Discussed on KARN 102.9

"To apple a day dot org employers and they're hiring plans i'm mark hamrick with the bankratecom personal finance minute manpower group is out with his closely followed report on higher intentions as stated by employers the hiring outlook remains pretty positive for the coming quarter july through september among us employers 24 percent planned to add staffers 70 percent expect to keep their payroll study and just four percent expect to make reductions across the nation manpower group finds that employers in all of its industry areas expect to add workers among the areas with the strongest hiring plans leisure and hospitality followed by transportation and utilities and wholesale and retail trade what about stage with the best hiring outlooks the survey finds that michigan nebraska colorado iowa and rhode island lead the way as for big cities some of the best might be in areas you wouldn't expect grand rapids michigan at the top of that list followed by charlotte north carolina colorado springs colorado and demoain iowa for more on the job market and the economy truck out bankratecom i'm mark hamrick did you know a us prison at once played in the world series we owe it was the college baseball world series which to let's pretty good this is dr knowledge with knowledge in a nutshell president george hw bush was pretty good baseball player bush was not only the starting first baseman for the year university team but was also the captain of the team and bushes yale team played in the first two college world series in nineteen forty seven in mateen 48 yale reached the finals both years losing to california in nineteen forty seven in southern co in nineteen 48 so yes a us president really did play in a world series george hw bush in the college baseball world series yet more storage in our norwegian a nutshell books in our.

apple california baseball george hw bush college baseball north carolina charlotte michigan personal finance mark hamrick us first baseman president world series rhode island iowa colorado nebraska four percent 24 percent 70 percent
"mark hamrick" Discussed on KARN 102.9

KARN 102.9

01:48 min | 3 years ago

"mark hamrick" Discussed on KARN 102.9

"For thirty years to her family auctioned it for two hundred fifty thousand dollars gary's air sued claiming anti had stolen the collection but a jury found that gary had indeed given the collection to nancy his nurse and friend so gary family as all shook up a trainee nc in her family it's a big hunk love this is neil chayet looking at the law for cbs news and for podcast go to lookingatthelawcom employers and they're hiring plans i'm mark hamrick with the bankratecom personal finance minute manpower group is out with its closelyfollowed report on hiring intentions as stated by employers the hiring outlook remains pretty positive for the coming quarter july through september among us employers 24 percent plan to add staffers seventy per expect to keep their payroll study and just four percent expect to make reductions across the nation manpower group finds that employers in all of its industry areas expect to add workers among the areas with the strongest hiring plans leisure and hospitality followed by transportation and utilities and wholesale and retail trade what about states with the best hiring outlooks the survey finds that michigan nebraska colorado iowa and rhode island lead the way as for big cities some of the best might be in areas you wouldn't expect grand rapids michigan at the top of that list followed by charlotte north carolina colorado springs colorado and demoain iowa for more on the job market and the economy checkout bankratecom i'm mark hamrick all right around awry 501 for three zero zero nine two of course is the number to call to get on the conversation here the doc washburn show newsradio one or two point nine karn um there are a number.

gary neil chayet mark hamrick nebraska colorado iowa rhode island trainee cbs personal finance michigan charlotte north carolina doc washburn two hundred fifty thousand dol four percent thirty years 24 percent
"mark hamrick" Discussed on KARN 102.9

KARN 102.9

02:12 min | 3 years ago

"mark hamrick" Discussed on KARN 102.9

"The latest on the healthcare fight in washington what's going on there we're gonna talk to senator john boozman coming up newsradio one or two point nine karn employers and they're hiring plans i'm mark hamrick with the bankratecom personal finance minute manpower group is out with its closely followed report on hiring intentions as stated by employers the hiring outlook remains pretty positive for the coming quarter july through september among us employers 24 percent plan to add staffers seventy percent expect to keep their payroll study and just four percent expect to make reductions across the nation manpower group finds that employers in all of its industry areas expect to add workers among the areas with the strongest hiring plans leisure and hospitality followed by transportation and utilities and whole sale at retail trade what about states with the best hiring outlooks the survey finds that michigan nebraska colorado iowa and rhode island lead the way as for big cities some of the best might be in areas you wouldn't expect grand rapids michigan at the top of that list followed by charlotte north carolina colorado springs colorado and demo moines iowa for more on the job market and the economy checkout bankratecom i'm mark hamrick kenny electric cars really the cheap i'm brian cooley from cnet throw chill on cars electric's reputation for being pricey masked by the help of federal and state tax credits but hyundai's new electric car the arctic is part of the dawn of a real wash of new chief along with the chevy both the coming second generation nissan on leaf a slew of promised electric volkswagen's since they almost singlehandedly made a skeptical of diesel and something electric and affordable from ford this wave is about real affordability not tesla affordability now for as little as twenty two thousand out the door this new hyundai does offer about half the range of a chef he both but it's an exceedingly normal car you might even say homely the dawn of the just plain normal car that happens to be electric is upon us it's a phase that will be very telling high tech cars and modern driving at cooley on cars.

hyundai ford north carolina charlotte michigan personal finance washington volkswagen electric car senator john boozman tax credits cnet brian cooley rhode island iowa colorado nebraska mark hamrick seventy percent four percent 24 percent
"mark hamrick" Discussed on KARN 102.9

KARN 102.9

02:10 min | 3 years ago

"mark hamrick" Discussed on KARN 102.9

"They're hiring plans i'm mark hamrick with the bankratecom personal finance minute manpower group is out with its closelyfollowed report on hiring intentions as stated volume lawyers the hiring outlook remains pretty positive for the coming quarter july through september among us employers 24 percent plan to add staffers seventy percent expect to keep their payroll study and just four percent expect to make reductions across the nation manpower group finds that employers in all of its industry areas expect to add workers among the areas with the strongest hiring plans leisure and hospitality followed by transportation and utilities and wholesale and retail trade what about states with the best hiring outlooks the survey finds that michigan nebraska colorado iowa and rhode island lead the way as for big cities some of the best might be in areas you wouldn't expect at grand rapids michigan at the top of that list followed by charlotte north carolina colorado springs colorado and demoain iowa for more on the job market and the economy check out bankratecom i'm mark hamrick electric cars really be cheap i'm brian cooley from cnet throat show on cars electric several for being pricey masked by the help of federal and state tax credits but hyundai's new electric car the onic is part of the dawn of a real wash of new cheap ev along with the chevy both the coming second generation nissan leaf a slew of have promised electric volkswagen's that they almost singlehandedly made a skeptical of diesel and something electric and affordable from ford this wave is about real affordability not tesla affordability now for as little as twenty two thousand out the door this new hyundai does offer about half the range of a chef he bowled but it's an exceedingly normal car you might even say homely the daughter of the just plain normal car that happens to be electric is upon us it's a phase that will be very telling high tech cars and modern driving at cooley on cars dot com doc washburn live from little rock news radio 1029 nine karn.

volkswagen ford nissan cnet north carolina charlotte grand rapids michigan michigan personal finance mark hamrick electric car hyundai tax credits brian cooley rhode island iowa colorado nebraska seventy percent four percent 24 percent
"mark hamrick" Discussed on KARN 102.9

KARN 102.9

01:40 min | 3 years ago

"mark hamrick" Discussed on KARN 102.9

"They're hiring plans i'm mark hamrick with the bankratecom personal finance minute manpower group is out with its closelyfollowed report on hiring intentions as stated by employers the hiring outlook remains pretty positive for the coming quarter july through september among us employers 24 percent plan to add staffers seventy percent expect to keep their payroll study and just four percent expect to make reductions across the nation manpower group finds that employers in all of its industry areas expect to add workers among the areas with the strongest hiring plans leisure and hospitality followed by transportation and utilities and wholesale and retail trade what about states with the best hiring outlooks the survey finds that michigan nebraska colorado iowa and rhode island lead the way as for big cities some of the best might be in areas you wouldn't expect grand rapids michigan at the top of that list followed by charlotte north carolina colorado springs colorado oh and moines iowa for more on the job market and the economy truck out bankratecom i'm mark hamrick three according to a forbes columnist unita owngoal because it is money and has intrinsic value that dollar does not have intrinsic value and therefore cannot be considered money in other words gold is a payment in and of itself that the dollars only a promise to pay gold as a negative correlation to stocks and bonds and reduces portfolio volatility by becoming a balancing asset physical gold valued does not hinge on someone else's obligation to pay unlike other types of investments gold should be any central part of every investors portfolio is a part of yours it's part of mine if not you need to speak to my friends at goldline and learn how easy it.

mark hamrick nebraska colorado iowa rhode island unita owngoal goldline personal finance michigan charlotte north carolina forbes seventy percent four percent 24 percent
"mark hamrick" Discussed on KARN 102.9

KARN 102.9

01:51 min | 3 years ago

"mark hamrick" Discussed on KARN 102.9

"Very bottom when the ball market started eight years ago your gains may have needlessly been eaten up by excessive fees or to people about their money most people have fallen k their mutual fund activelymanaged ritual fun the average activelymanaged mutual fund cost three point one two percent and most people don't know what they're being charged or they think it's less than 1 percent though conversation with tony robbins is on video at cbs new york dot com ray hoffman for cbs radio news employers and they're hiring plans i'm mark hamrick with the bank rate dot com little finance minute manpower group is out with its closely followed report on hiring intentions as stated volume ploy here's the hiring outlook remains pretty positive for the coming quarter july through september among us employers 24 percent plan to add staffers seventy percent expect to keep their payroll study and just four percent expected make reductions across the nation manpower group finds that employers in all of its industry areas expect to add workers among the areas with the strongest hiring plans leisure and hospitality followed by transportation and utilities and wholesale and retail trade what about states with the best hiring outlooks the survey finds that michigan nebraska colorado iowa and rhode island lead the way as for big cities some of the best might be in areas you wouldn't expect grand rapids michigan at the top of that list followed by charlotte north carolina colorado springs colorado and do moines iowa for more on the job market and the economy check out bankratecom i'm mark hamrick together every ten minutes on the six us as doc washburn show continues on your news weather and information station newsradio one or two point nine karn this is neil chayet looking at the law love me tender love me true but when i'm gone ewing nothing but a hound dog gerry pepper was present of elvis presley's fan club and.

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"mark hamrick" Discussed on KARN 102.9

KARN 102.9

02:03 min | 3 years ago

"mark hamrick" Discussed on KARN 102.9

"They're hiring plans i'm mark hamrick with the bankratecom personal finance minute manpower group is out with us closely followed report on hiring intentions as stated by employers the hiring outlook remains pretty positive for the coming quarter july through september among us employers 24 percent plan to add staffers seventy percent expect to keep their payroll study and just four percent expect to make reductions across the nation manpower group finds that employers in all of its industry areas expect to add workers among the areas with the strongest hiring plans leisure and hospitality followed by transportation and utilities and wholesale and retail trade what about states with the best hiring outlooks the survey finds that michigan nebraska colorado iowa and rhode island lead the way as for big cities some of the best might be in areas you wouldn't expect grand rapids michigan at the top of that list followed by charlotte north carolina colorado springs colorado and moines iowa for more on the job market and the economy check out bankratecom i'm mark hamrick kennedy luxury cars really be cheap i'm brian cooley from cnet throw on cars electric's reputation for being pricey masked by the help of federal and state tax credits but hyundai's new electric car the ironic is part of the dawn of a real wash of new cheap ev along with the chevy both the coming second generation nissan leaf a slew of promised electric volkswagen's that they almost singlehandedly made a skeptical of diesel and something electric and affordable from ford this wave is about real affordability not tesla affordability now for as little as twenty two thousand out the door this new hyundai does offer about half the range of a chef he both but it's an exceedingly normal car you might even say home linked the dawn of the just plain normal car that happens to be electric is upon us it's a phase that will be very telling high tech cars and modern driving at cooley on cars dot com.

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"mark hamrick" Discussed on KOMO

KOMO

02:05 min | 3 years ago

"mark hamrick" Discussed on KOMO

"Hourly earnings of two and a half percent so once again we keep waiting for that waged train to arrive and we're still at the station holding the umbrella the other troubling thing is that the last two reports were downgraded everyone was ecstatic that the under the president's new policies business is booming jobs are being created this is not a good sign either no and in fact of the day before the report was released the president really committed to folk pause in one because number one he sort of claim credit for the stock market rally since the election and the number two he adjust massively erroneously reported that a million jobs have been created since he took office which it appeared that he lumped together a privately collected report basically including the entire month of january and a man you know so those of us who are trying to look at actual facts a note that uh the outlook now israeli been a diminished really and just twenty four hours time so we have this report and yet the stock market is in positive territory today what's that all about well i think the stock market uh you know mostly has been reacting to corporate earnings and corp earnings have come in butter unexpected and we also take note that the global economy is performing better these days i think that is probably a rising tide which supports the stock market as well we'll the federal reserve take a look at these numbers and positively put off another read increase for awhile what do you think will the federal absolutely be a diving into these numbers i think what the fed might be thinking when it meets less than two weeks from now is that a we know the first quarter of the year was weak the question of a acceleration on the second quarter is now a little more complicated growth probably now coming in closer to two two and a half percent than the three plus percent that people have been thinking for the second quarter of the a year were about halfway through that now and i think the fed raises rates in june a made downgraded the outlook for further rate increases because if the economy is not as robust as before normalization of voluntary policy which includes hiking interest rates the a little more problematic that's mark hamrick senior economic analysts who were bank rate dot.

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