The Cohutta town council will hold a special meeting Friday evening to discuss reinstating their police department, and to consider requesting the mayor's “immediate resignation.”
Data: Bureau of Labor Statistics; Chart: Neil Irwin/Axios The U.S. labor market has found its footing: A yearlong pattern of whipsawing between job gains and losses is finally breaking, a sign that stabilization is taking hold. Why it matters: The labor market is holding up despite a wall of headwinds, including an energy shock stemming from the Iran war and the uncertainty that comes with the conflict. So far, the damage that was expected to ripple through hiring simply hasn't shown up. - But this isn't the gangbusters hiring environment of 2022. It's something steadier and possibly more fragile, with warning signs in the underlying data. - Still, the firming evident in a range of data lessens the chances for further interest rate cuts…
Our chief economics correspondent, Ben Casselman, describes how A.I.-related layoffs are testing the resilience of the government’s safety net programs.
In Colombia, a plan to cull Pablo Escobar's invasive hippos is challenged by an Indian billionaire's offer to relocate dozens of the animals to India's wildlife reserve instead.