Businesses and government offices will be closed Thursday, Nov. 28 in observance of Thanksgiving Day.
City and county offices will be closed on Thanksgiving Day but police, sheriff, fire and other emergency services will remain in operation. City offices will be closed Thursday, Nov. 28, as well as county offices.
U.S. payrolls rose less than expected in August, but a drop in the unemployment rate to a near 7-1/2-year low of 5.1 percent and an acceleration in wages kept alive prospects of a Federal Reserve interest rate hike later this month. Nonfarm payrolls increased 173,000 last month as the manufacturing sector lost the most jobs since July 2013, the Labor Department said on Friday.
Federal Reserve Bank of Richmond President Jeffrey Lacker said it?s time for the central bank to end the era of record-low interest rates, now that the impacts from winter weather and energy prices have passed. ?I am not arguing that the economy is perfect, but nor is it on the ropes, requiring zero interest rates to get it back into the ring,? Lacker said in the text of a speech in Richmond. Lacker is a voting member of the Federal Open Market Committee this year.