"Strong Demand Boosts US Economy and Finance: Updates on Social Security, Unemployment, and Fed Interest Rates"

TL;DR Summary
The US economy added 253,000 jobs in April, with the unemployment rate falling slightly to 3.4%. The Federal Reserve raised interest rates by 0.25%, pushing them above 5% for the first time in over a decade. The Social Security Administration continues to send monthly benefits to retired workers in 2023. A study found growing dissatisfaction among delivery workers in the US, with 80% feeling underpaid. The highest-paid YouTubers collectively earned around $300 million in 2021.
Topics:business#federal-reserve#finance-and-economy#interest-rates#social-security#unemployment-rate#us-economy
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