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NEW YORK (AP) — The hot jobs market has been defying a weakening economy and confounding the Federal Reserve for months, but now shows signs of cooling. The latest set of employment data from the government shows that job openings fell in March to their lowest level since April 2021. Layoffs rose to 1.8 million, their highest level since December 2020. Employers are also slowing the pace of hiring. While hiring remained strong in April, the government lowered its hiring figures for February and March. More broadly, job gains for February through April marked the weakest three-month average since January 2021. The persistently strong labor market has bewildered the Fed and economists for more than a year as higher interest rates meant to slow economic growth did little to loosen a historically tight job market with record low unemployment. That resistance is now slowly fading, according to analysts. “The labor market is usually the last to break in an economic downturn, and … [Read more...] about Hot employment market shows signs of cooling

5 Community Corner Check out Patch's annual guide to some of the best markets Illinois has to offer. Eric DeGrechie , Patch Staff Posted | Updated Replies ILLINOIS — Farmers market season is here. Many of the popular community gathering spots began opening earlier this month, with most running weekly right through the fall. According to the Illinois Department of Agriculture, Illinois ranks third in the United States in total number of farmers markets operating. "Farmers' markets serve as integral links between urban, suburban, and rural communities, affording farmers and their consumers the opportunity to interact," the Illinois Department of Agriculture says on its website . "The popularity of farmers' markets continues to rise, as more and more consumers discover the joys of shopping for unique ingredients sold directly from the farm, and the pleasure of buying familiar products in their freshest possible state." … [Read more...] about Fresh, Local Food: Illinois Farmers Market Guide 2023

Sponsored By 0 Real Estate Here are the newest homes available now in the Norwalk area. Real Estate News , Patch Staff Posted Reply NORWALK, CT — When you’re looking for some fresh digs, hunting down every new listing in the area can be an exhausting job. That’s why we’ve gone ahead and done the initial work for you. Here's a handy list of the five most recent houses to hit the housing market in and around the Norwalk area — including a home with 4 beds and 3 baths for $1.2 million, and another with 4 beds and 3 baths for $1.2 million. Click on any address for more pics and details. Happy house hunting! Editor’s note: This list was automatically generated. Related: Visit The Patch Mortgage Center To Lock In Today's Best Rates 1. 3 Rebel Lane, Norwalk, CT 06850 Price: $695,000 Size: 2,376 sq. ft., 3 beds, and 3 baths Listed by: Carol Cutler, Higgins Group Bedford Square 2. … [Read more...] about Norwalk Area Prospective Homeowners: 5 New Houses On The Market

Economist and researcher Aaron Brown said Tuesday that while many are worried about using artificial intelligence (AI) in financial markets, we should be paying attention to how stupid our financial behavior has become. Okay, so Brown didn’t use those words exactly, but the underlying thesis of his most recent op-ed in Bloomberg essentially argues this point. “Many on Wall Street worry about the impact of injecting artificial intelligence into financial markets. Perhaps we should pay equal attention to subtracting human intelligence,” Brown, the head of financial market research at AQR Capital Management, wrote in the article. Brown framed his argument around the reality that very few investors and managers paid attention to security valuations over the last years. Security valuation is essentially the process of keeping prices in line with the market reality. But hedge funds are driving up the overall cost of seemingly everything because it clearly makes their members super … [Read more...] about Economists Says Forget The AI Threat, The Biggest Risk To Markets Is How Stupid We’re All Becoming

Sponsored By 0 Real Estate Looking to scope out the market? Here is what the latest listings in Manhattan Beach have to offer. Real Estate News , Patch Staff Posted Reply MANHATTAN BEACH, CA — On the hunt for a new house nearby, but tired of browsing through the same old real-estate listings again and again? Fear not! To keep you up to date, we've compiled the latest batch of new listings nearby. Here's a handy list of the five newest houses to hit the housing market in the Manhattan Beach area — including one for $549,000, and another with 6 beds and 7 baths for $9.0 million. Click on any address for additional pics and details. Happy house hunting! Editor’s note: This list was automatically generated. Related: Visit The Patch Mortgage Center To Lock In Today's Best Rates 1. 677 19th Street, Manhattan Beach, CA 90266 Price: $8,995,000 Size: 5,592 sq. ft., 6 beds, and 7 baths … [Read more...] about Manhattan Beach Area: Check Out 5 Local Houses On The Market

0 Community Corner Looking for something to do? 5K races, a Cuban sandwich festival, St. Armands Fine Art Festival, Vintage Roost, Sunset Music Festival. Tiffany Razzano , Patch Staff Posted Reply TAMPA BAY, FL — Looking for something to do this weekend in the Tampa Bay area? There’s something for every interest – Memorial Day ceremonies and parades, vintage markets, a fine arts festival, 5K races and more. Vintage Roost Market The vendors are restocking with fantastic vintage finds for the upcoming Vintage Roost Market Friday, Saturday and Sunday from 9 a.m. to 5 p.m. the second and fourth weekend of the month at 2326 E. 7th Ave., Tampa. With 16 vendors each offering their own distinctive vintage flair. The Vintage Roose encompasses 5,000 square feet in Ybor City. St. Armands Fine Art Festival This fine arts festival takes place Saturday and Sunday, 10 a.m. to 6 p.m., in Sarasota. Artisans from throughout … [Read more...] about Memorial Day Events, ArtWave, Dirt Mall Market: FL Weekend Events