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Credit Sesame discusses unemployment in November 2022 and historically. On December 2, the Bureau of Labor Statistics announced that employment grew by 263,000 jobs in November. Fewer people without jobs can’t be bad, right? At 3.7%, unemployment is close to its fifty-year low. While job growth and low unemployment are positive developments, perhaps it is

Credit Sesame’s personal finance weekly news roundup December 3, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Consumer confidence slips again FBI issues warning on holiday scams Black Friday sales may have beat inflation but not expectations Expect a tougher time returning gifts this year U.S. economy better

Credit Sesame’s personal finance weekly news roundup November 26, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Existing home sales continue nine-month slide. Holiday spending not expected to keep pace with inflation. Application rates reflect a growing appetite for credit cards. Student loan payments get another pause amid

Tech gift ideas brought to you by Credit Sesame. Tech novelties can be practical and fun gifts. They meet many gift-giving challenges — people who “have everything,” tech-hungry Gen Z-ers, holiday parties that require gifts for people you don’t know and loved ones living in small spaces. At least one of the tech gifts on

Credit Sesame on financial reasons to be thankful this Thanksgiving. It seems not a day goes by without some bad news about the economy. High inflation and rising interest rates have been putting pressure on consumers all year. Meanwhile the threat of a recession could create a new set of problems. As serious as these

Finance gift ideas brought to you by Credit Sesame. You probably have a few people on your holiday gift list who are in transition — young adults just starting out, freshly-married couples, new parents and retirees. They may not want or have room for traditional “gifty” items. Instead of saddling these loved ones with another

Credit Sesame’s weekly news roundup November 19, 2022. Stories, news, politics and events impacting the personal finance sector during the past week. Court ruling threatens student loan forgiveness Consumers are growing more pessimistic about the economy Home prices still trending upward Household debt up sharply in the third quarter Mastercard survey expects strong Black Friday

Credit Sesame discusses the rise in consumer access to banking services. The Federal Deposit Insurance Corporation (FDIC) recently updated a study of access to banking products among American consumers. The news was largely positive. The percentage of households without access to at least one bank account has reached an all-time low. While greater access to

Credit Sesame’s weekly news roundup November 12, 2022. Stories, news, politics and events impacting the personal finance sector during the past week. One-year inflation eased in October Fed report indicates consumer debt no threat to stability Elon Musk shakes up Twitter Debt continues to climb despite rising interest rates Cryptocurrencies decline on exchange concerns Most

Credit Sesame on why to expect more interest rate increases. On November 2, 2022 the Federal Reserve raised interest rates by 0.75%, to a range of 3.75% to 4.0%. That was the sixth rate increase this year, for a total rate hike of 3.75%. And the Fed probably isn’t yet finished raising rates. There are