The US unemployment rate surpasses 36-month average

Unemployment Rate Increase: The unemployment rate in the United States has risen from 3.4% in April 2023 to 4.0%. This increase is significant, especially considering the relatively low rates observed in recent years. 36-Month Moving Average: The fact that the unemployment rate has crossed above its …

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Average debt an American owes is $104,215

The average debt in America is $104,215 across mortgages, auto loans, student loans, and credit cards. Debt peaks between ages 40 and 49 among consumers with excellent credit scores. The largest percentages of the average consumer debt balance are mortgages. …

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