Connect with us

The Center Square

Everyday Economics: All eyes on the jobs report as hiring slows | National

Published

on

www.thecentersquare.com – Orphe Divounguy – (The Center Square – ) 2025-06-02 05:20:00


The upcoming May jobs report will be a key indicator of the labor market’s health amid slowing economic momentum. April added 177,000 jobs, surpassing forecasts, but revisions to prior months reveal a slower underlying growth averaging 152,000 jobs monthly over the past year. Economists predict May’s gain will slow further to 125,000, the weakest in over a year, with unemployment steady at 4.2%. Rising unemployment claims and layoffs hint at growing stress beneath the surface. Wage growth is moderating. Attention will also focus on Federal Reserve officials’ remarks and construction spending data, shaping expectations for the economy’s near future.

(The Center Square) – The highlight of the coming week will be Friday’s May jobs report – a key gauge of the labor market’s health as economic momentum continues to cool. Investors, policymakers and businesses alike are closely watching whether the hiring slowdown seen this spring is the start of a broader economic soft patch or simply a return to a more sustainable pace after the post-pandemic boom.

April’s payrolls came in stronger than expected, rising by 177,000 jobs and beating the consensus forecast of 130,000. However, that headline number masked a softer trend: prior months saw significant downward revisions, with February and March payroll gains lowered by a combined 58,000 jobs. Accounting for these changes, the underlying pace of job growth has slipped to an average of about 152,000 jobs per month over the past year.

Looking ahead to the May report, expectations are for an even further slowdown – economists forecast just 125,000 new jobs added, the weakest monthly gain in over a year. The unemployment rate is projected to remain unchanged at 4.2%, still historically low, but there are signs of stress building beneath the surface. Continued claims for unemployment benefits are on the rise, and a steady flow of new layoffs has contributed to a gradually growing pool of job seekers.

Wage growth is also decelerating, with year-over-year gains expected to continue trending lower. This moderation in earnings suggests that, while workers are still seeing some improvement in paychecks, the days of outsized wage gains may be behind us for now.

The drivers behind this month’s forecast reveal why the labor market picture remains steady but fragile. The dominant factor is the persistence of the unemployment rate – April’s 4.2% accounts for over 85% of the prediction power and suggests strong momentum toward stability. However, total unemployment claims, now at their highest level since 2021, are the next most important input, hinting at stable but slightly elevated flows into unemployment. While the unemployment rate has shown persistence, rising unemployment claims suggest a labor market that is less robust than headline numbers imply.

As such, this week’s unemployment claims report – not Friday’s BLS employment situation – may offer the clearest signal yet on whether the job market can stay resilient in the face of slowing growth and elevated uncertainty, or if a turning point is at hand for the post-pandemic expansion.

Beyond the labor market, markets will be laser-focused on commentary from Fed Chair Jerome Powell and Governor Christopher Waller – two of the FOMC’s most influential voices. Investors will parse their remarks for any shift in tone regarding the stability of the labor market, especially with the probability of a June rate cut now just 2.2%, though traders still expect two rate cuts in 2025. Meanwhile, construction spending – a key indicator of economic momentum – fell in March, driven by a drop in residential construction. With housing starts showing a modest rebound in May, economists expect total construction spending to have increased slightly in April.

In sum, a week packed with pivotal data and central bank signals will shape expectations for the months ahead.

The post Everyday Economics: All eyes on the jobs report as hiring slows | National appeared first on www.thecentersquare.com



Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Centrist

The article provides a straightforward economic analysis focused on upcoming labor market data, recent payroll trends, wage growth, and Federal Reserve commentary. It maintains a neutral tone throughout, avoiding any editorializing or partisan framing. The language is factual and descriptive, reporting on economic indicators and forecasts without promoting a particular ideological perspective or political agenda. The content adheres to balanced, informational reporting by presenting various data points and expert expectations without suggesting policy preferences or engaging in political advocacy.

News from the South - South Carolina News Feed

Voter fraud alleged in Ohio, seven other states and Washington | Ohio

Published

on

www.thecentersquare.com – By J.D. Davidson | The Center Square – (The Center Square – ) 2025-06-03 10:23:00


Ohio Secretary of State Frank LaRose is referring evidence of voter fraud to Ohio Attorney General Dave Yost and attorneys general in seven other states for prosecution. LaRose identified potential fraud involving 30 noncitizen registrations and 11 instances of double voting across Ohio, Virginia, Arizona, Colorado, Illinois, Kentucky, Maryland, South Carolina, and Washington, D.C. These findings emerged from reviews of the Ohio Voter Registration Database. LaRose emphasized the importance of upholding election integrity and announced referrals based on investigations by the Public Integrity Division’s Election Integrity Unit, which he established in 2022. He cannot prosecute but sends cases to relevant authorities.

(The Center Square) – Secretary of State Frank LaRose is sending evidence of voter fraud to Ohio Attorney General Dave Yost and attorneys general in seven other states for prosecution.

LaRose announced Tuesday he found potential fraud in noncitizen registration and double votes in Ohio, Virginia, Arizona, Colorado, Illinois, Kentucky, Maryland, South Carolina and Washington, D.C.

The accusations came during ongoing reviews of the Ohio Voter Registration Database with state and federal information. He said he found evidence of 30 noncitizen registrations in Ohio and 11 people who voted in Ohio, the other seven states, and Washington, D.C.

“We must send a clear message that election fraud won’t be tolerated,” LaRose said. “The only way to maintain Ohio’s high standard of election integrity is to enforce the law whenever it’s broken. Through the investigations of our Public Integrity Division’s Election Integrity Unit, we are rooting out lawbreakers so we can bring accountability and justice.”

LaRose established the nation’s first Public Integrity Division in 2022. It consolidated several of the secretary of state’s investigation efforts, including campaign finance reporting, voting system certification, voter registration integrity, the investigation of election law violations, data retention and transparency and cybersecurity protocols.

LaRose can investigate but not prosecute. He must refer potential crimes to the attorney general or local district attorneys.

Since 2019, LaRose has referred hundreds of incidents for prosecution.

“Critics of Ohio’s election integrity efforts may try to minimize the significance of these referrals, as though some small amount of election crime is acceptable,” LaRose wrote in a letter to Yost. “Even one illegal vote can spoil the outcome of an election for the citizenry at large, whether it be a school levy, majority control of a legislative chamber, or even a statewide election contest. Just this last election, a single vote in Licking County decided the outcome of a local levy after the final certified count.”

The post Voter fraud alleged in Ohio, seven other states and Washington | Ohio appeared first on www.thecentersquare.com



Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Center-Right

The article primarily reports on actions taken by Secretary of State Frank LaRose regarding alleged voter fraud investigations. While it focuses on a topic often emphasized by conservative political figures—election integrity and voter fraud—the tone and language largely relay LaRose’s statements and initiatives without overt editorializing or inflammatory language. The content highlights concerns about election fraud and the enforcement of election laws, which aligns with center-right priorities. However, the article does not explicitly advocate for a political ideology or include partisan commentary; it mainly presents the official’s claims and responses. Thus, the piece leans center-right in its subject matter and framing but maintains a factual, straightforward reporting style without overt bias.

Continue Reading

News from the South - South Carolina News Feed

Analysis: Carolinas 1st, 4th in 2025 first quarter relocations | North Carolina

Published

on

www.thecentersquare.com – By Alan Wooten | The Center Square – (The Center Square – ) 2025-06-02 17:46:00


A U.S. News & World Report ranking highlights South Carolina as the most searched-for state for relocation, with North Carolina fourth. The top states mainly lie in the South, Southeast, West, and coastal regions, emphasizing outdoor recreation, diverse climates, lifestyles, and job opportunities. Tennessee, Delaware, and Maine also rank high, while Idaho and Arkansas are notable western states in the top 10. Both Carolinas attract residents due to their coastal access, mountains, Southern culture, lower taxes, and manageable living costs. Additionally, 16 of the top 20 searched cities are in the Sun Belt, with several Carolinas cities like Bluffton, Myrtle Beach, Greenville, and Winston-Salem featuring prominently.

(The Center Square) – The Carolinas are first and fourth in a new report on the most sought-after states for relocation by American residents.

U.S. News & World Report said it’s “data on the top cities and states that U.S. adults have searched online this year shows the focus is primarily on areas in the South, Southeast, and West, as well as coastal regions across the country.” South Carolina was No. 1 and North Carolina No. 4 in a top 10 limited to Idaho (sixth) and Arkansas (ninth) west of the Mississippi River.

Tennessee was second, Delaware third, Maine fifth, West Virginia seventh, Alabama eighth and Mississippi 10th. The top 10, the magazine says, vary in climate, lifestyle and job opportunities and come together in consistency with “plenty of outdoor recreational opportunities.”

The report is based on total internet searches.

The Carolinas each check boxes for being coastal, having mountains and being in the South. The states in the bottom 10 were noted for the albatrosses of a high cost of living, extreme weather, population density and tax burden – again, areas where both of the Carolinas score well at the opposite end of the spectrum.

U.S. News & World Report said 16 of the top 20 searched cities are in the Sun Belt. South Carolina’s Bluffton (first), Myrtle Beach (third) and Greenville (eight), and North Carolina’s Winston-Salem (ninth) made the top 10.

The post Analysis: Carolinas 1st, 4th in 2025 first quarter relocations | North Carolina appeared first on www.thecentersquare.com



Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Centrist

The article presents a straightforward report on relocation trends based on internet search data, focusing on geographic and lifestyle factors without promoting a particular political or ideological agenda. The tone is neutral and factual, simply summarizing the findings from U.S. News & World Report regarding the popularity of southern states like the Carolinas for relocation. While it mentions factors such as cost of living and tax burden, these are presented descriptively rather than evaluatively, without favoring any political perspective. Overall, the article maintains an objective stance and does not exhibit discernible political bias.

Continue Reading

News from the South - Georgia News Feed

Georgia special tax refunds on their way, Kemp says | Georgia

Published

on

www.thecentersquare.com – By Kim Jarrett | The Center Square – (The Center Square – ) 2025-06-02 15:05:00


Georgians who qualify for special tax refunds approved by the General Assembly will begin receiving payments this week, announced Gov. Brian Kemp. The \$1 billion tax cut refunds are capped at \$250 for singles, \$375 for heads of household, and \$500 for married couples filing jointly. Eligible taxpayers filed in 2023 or 2024 and have no outstanding tax balance. Kemp emphasized wise state resource management allows returning money to citizens alongside the state’s largest income tax rate rollback, now from 5.39% to 5.19%. The Georgia Department of Revenue has launched a tool to check refund eligibility and is prepared to distribute funds efficiently.

(The Center Square) – The wait will soon be over for Georgians who qualify for the special tax refunds approved by the General Assembly this year. 

Gov. Brian Kemp said Monday the Department of Revenue will begin issuing the refunds this week from the $1 billion tax cut. 

The tax refunds are capped at $250 for single filers and married individuals filing separately, $375 for head of household filers, and $500 for married individuals filing jointly.

Taxpayers who filed in 2023 and 2024 are eligible if they do not have an outstanding balance with the Department of Revenue, according to information from Kemp’s office. 

“Because we’ve managed our state’s resources wisely, we’re again able to return money to hardworking Georgians who know how best to use it,” Kemp said.  “Along with our acceleration of the largest income tax rate cut in state history, this latest refund is just one more way we’re working to support the people of our state, their families, and their businesses, because that’s not the government’s money, it’s theirs!”

State lawmakers also approved a rollback of the state’s flat income tax rates from 5.39% to 5.19%, the second rollback since 2022, according to Kemp. 

The revenue department has set up a Surplus Tax Eligibility Tool for Georgians who want to know more about their refund. 

“Our department is ready to get this third round of refunds out the door efficiently and securely,” Georgia Revenue Commissioner Frank O’Connell said. 

The post Georgia special tax refunds on their way, Kemp says | Georgia appeared first on www.thecentersquare.com



Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Center-Right

This article primarily reports on the tax refunds and tax rate rollbacks approved by Georgia’s government, providing statements from Governor Brian Kemp and the Revenue Commissioner. The content presents factual information about the policy measures and their implementation without overt editorializing or criticism. However, the inclusion of positive quotes from Gov. Kemp emphasizing fiscal responsibility, returning money to taxpayers, and supporting families and businesses reflects a pro-tax-cut, conservative framing common in center-right political communication. While the article does not explicitly critique or champion opposing viewpoints, the framing aligns with center-right ideological principles favoring tax reductions and limited government spending, suggesting a mild center-right bias in tone and selection of quotes rather than a neutral, purely factual stance.

Continue Reading

Trending