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WASHINGTON — U.S. employers downshifted on hiring in December, adding 145,000 jobs as consumer spending appeared to aid gains in the retail and hospitality sectors in what should provide a strong foundation for 2020.The Labor Department said Friday that the unemployment rate held at 3.5% for the second straight month, prolonging a half-century low. Hiring slipped after robust gains of 256,000 in November there were caused in part by the one-off end of a strike at General Motors.“We’re starting 2020 in very good shape,” said Gus Faucher, chief economist at PNC Financial Services. "We should see continued economic expansion throughout 2020 driven by consumers."Still, the job growth has failed so far to put upward pressure on hourly pay. The pace of annual average wage growth slowed in December to 2.9% from 3.3% a year ago, a possible sign that there is still room for additional job gains despite the decade-plus expansion that has reduced the number of unemployed Americans. There is also the potential that wages jumped in January as many states adjusted their minimum wages.Some businesses in competitive industries are already taking steps to prepare for wage competition this year. The Big Blue Swim School based in Chicago vies with day cares, learning centers and gyms for its instructors. The chain has five sites employing on average 30 people and plans to open five more schools this year and 17 in 2021. But it had to dramatically boost wages in order to attract staff for that expansion."We gave all of our front-line employees a 10% or 11% raise because of the fear we have about the wage pressures in the economy,” said CEO Chris Kenny. “We can’t meet our business goal without great staff.”The U.S. economy added 2.1 million jobs last year, down from gains of nearly 2.7 million in 2018. Hiring may have slowed because the number of unemployed people seeking work has fallen by 540,000 people over the past year to 5.75 million. With fewer unemployed people hunting for jobs, there is a potential limit on job gains.The steady hiring growth during the expansion has contributed to gains in consumer spending. Retail sales during the crucial holiday shopping improved 3.4% compared to the prior year, according to Mastercard SpendingPulse. This likely contributed to a surge of hiring in retail as that sector added 41,200 jobs in December.The leisure and hospitality sector — which includes restaurants and hotels — added another 40,000 jobs. Health care and social assistance accounted 33,900 new jobs.Still, the report suggests a lingering weakness in manufacturing.Factories shed 12,000 jobs in December, after the end of the GM strike produced gains of 58,000 in November. Manufacturing companies added just 46,000 jobs in all of 2019.Manufacturing struggled last year because of trade tensions between the United States and China coupled with slower global economic growth. Safety problems at Boeing have also hurt orders for aircraft and parts. 2987
We're sad that NBC has decided to take The Office back for its own streaming platform — but members can binge watch the show to their hearts' content ad-free on Netflix until January 2021— Netflix US (@netflix) 223

View this post on Instagram ??CAN RELEASE TODAY @3pm?? We will be re-releasing more #MangoMachado cans. SAN DIEGO'S ORIGINAL MACAHDO BEER. a 4 pack (tax and crv included), Limit 2 per person per day. At 8.5% abv this Double Hazy IPA with Mango is juicy with a light back end bitterness. BONUS, we have a limited amount of Mango shirts for purchase at each. If we run out or don't have your size, dont worry. We will have a reorder list and should have them by the following week. See you at 3 ??. Photo credit to @beerfluent A post shared by Creative Creature Brewing (@creativecreaturebrewing) on Mar 20, 2019 at 12:07pm PDT 665
When you think of budget cars, Elon Musk's Tesla probably doesn't come to mind. However, one man who specializes in fixing up electric automobiles found a way to own expensive vehicles. Rich Benoit runs a YouTube channel called Rich Rebuilds, and he quickly built a reputation for being the do-it-yourself guru of electric vehicles. One of Benoit’s first projects was working on a damaged Tesla model S, which would set someone back ,000. “And I said to myself, “Ya know what? I think I can try to fix that car,” Benoit says. However, Tesla wouldn't sell the parts he needed. So, Benoit found a second Tesla involved in a collision to use for parts and taught himself how to fix the car. In the end, he only spent about ,000. “You don't necessarily have to have a specific set of rules to go by, you just kind of do your own thing,” he says. “When I was looking at how to fix it, there [were] no manuals online. I just kind of went with my gut and said to myself, ‘this kind of makes sense. Let’s try it and see what happens.’” This success story not only gave him his YouTube fame, but he turned his hobby into a full-time job. "I started a company that actually fixes electric vehicles now, which is really unexpected but cool at the same time,” Benoit says. Whether you’re turning a classic gas guzzler into an electric vehicle or building a car from parts, he says just keep your feet on the gas.“It’s gonna sound super cliché, but just don't give up. It’s definitely something that's doable and attainable,” he says. “And if you think you can do it, just go out and do it. Set your mind to it be patient. Might take you four or five years, but you can do it. You can do anything.” 1706
While residents of The Bahamas are still recovering from Hurricane Dorian, which struck the islands last week, a new storm forming in the Atlantic could pose a threat.The storm, which is being called "Potential Tropical Cyclone No. 9," is swirling in the central Bahamas. The storm is expected to gain strength and move northwest, toward the same islands pounded by Hurricane Dorian. Abaco Island and Grand Bahama Island are among the areas under the tropical storm warning. The two islands faced major devastation from Dorian. Also, Nassau is under a tropical storm warning. The National Hurricane Center expects the cyclone to become a tropical storm on Friday or Saturday. The storm then could strike Florida on Saturday as a tropical storm. Like Dorian, the forecast does not guarantee a landfall in Florida. As of 5 p.m. Thursday, the tropical storm has top winds of 30 MPH. A Hurricane Hunter aircraft is expected to reach the tropical cyclone Thursday evening, and could give the public a better idea of how strong this storm is and could become. 1066
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