Hello and welcome to the AS USA live blog. covering financial news and available relief residents of US states.
In October, unemployment reached 3.7%, but the labor market remains tight, creating many more jobs than expected. In addition, inflation has increased 0.4%, bringing the year-over-year rate to 7.7%.
States continue to send state relief, much of it in the form of direct payments. We’ll bring you the latest news on this front.
Additionally, voters in Nebraska and Nevada voted for raise their state’s minimum wage Tuesday, with South Dakotans aalso approving a ballot measure at expand Medicaid in the state.