Five noteworthy figures from the previous week
Net job growth in February, as measured by the Department of Labor.
February was the best month for hiring in a year and a half. In addition, the economy added 54,000 more jobs during December and January than the federal government originally calculated.
The number of months the jobless rate has stayed at 4.1%.
This unchanged figure may signal that the nation has reached full employement.
Source: tradingeconomics.com/united-states/unemployment-rate [3/9/18]
The number of years this current bull market has lasted.
Friday marked the ninth anniversary of the start of one of the longest bull runs Wall Street has ever seen. Since the S&P 500 bottomed out at 676.53 on March 9, 2009, it has gained more than 300%.
Source: investopedia.com/news/bull-market-turns-9-netflix-amazon-among-top-performers/ [3/9/18]
The estimated net worth of the world’s richest person.
In its annual billionaire rankings, Forbes puts Amazon CEO Jeff Bezos at the top. His net worth has increased $39 billion in the past 12 months.
Source: cbsnews.com/news/forbest-2018-list-of-worlds-billionaires/ [3/6/18]
What the average U.S. household pays for child care each year.
Child Care Aware of America, an advocacy group for military families, published this figure last week. It also estimates that, on average, single parents with just one child spend almost 36% of their incomes on child care.
Source: nbcnews.com/business/velshi-ruhle/rising-cost-child-care-being-felt-across-country-n854926 [3/8/18]
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