January 2, 2025 - 21:39

Jobless claims for the week ending December 27 have come in lower than anticipated, prompting discussions among economists regarding the implications of this data. Thomas Simons, a prominent economist, emphasizes a notable disconnect between labor demand and the reported jobless claims. He reflects on advice from a mentor, cautioning against using unemployment statistics as a reliable predictor of employment trends.
Simons highlights that the current figures do not accurately reflect the hesitance among businesses to lay off employees, largely due to concerns about securing talent in the future. He notes that this reluctance may change, making it crucial to pay attention to labor metrics specifically related to small businesses and startups.
According to Simons, small businesses, defined as those with fewer than 50 employees, have historically driven job growth. However, these enterprises have faced significant challenges over the past few years. As the economy continues to evolve, monitoring the health of small businesses will be essential for understanding broader employment trends.
December 17, 2025 - 11:57
Duke Energy Foundation Supports Small Businesses in Beaufort County with $25,000 GrantWASHINGTON, N.C. — The Duke Energy Foundation has announced a significant grant of $25,000 to Beaufort Community College aimed at bolstering small businesses in Beaufort County. This initiative...
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Sergey Brin Discusses Future AI Innovations During CommuteIn a recent statement, Google cofounder Sergey Brin shared insights about his daily commute, which he described as a unique opportunity to engage with an unreleased AI model known as Gemini. Brin...
December 16, 2025 - 02:55
Enhancing Leadership Through Cognitive EmpathyIn a rapidly evolving business landscape, effective leadership is more crucial than ever. One key attribute that can significantly improve leadership skills is cognitive empathy. This form of...
December 15, 2025 - 01:03
The Advantages of Job Hunting During the Holiday SeasonWhile many people assume that job searching comes to a halt during the holiday season, this is far from the truth. In fact, December can be a strategic time for job seekers to explore new...